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Aer Soléir and NRG+ sign 500MW Italian Solar PV Development Partnership

News

October 7, 2022

Aer Soléir is delighted to announce the signing of a solar photovoltaic co-development agreement with NRG+, an Italian-based renewable energy developer.

NRG+ has a strong presence across Italy and a robust greenfield renewable energy development portfolio. Throughout the co-development agreement, the collaboration will enable Aer Soléir to strengthen its presence and commitment to the Italian market. The alliance will allow Aer Soléir to realise up to 500 MW of solar projects. Ashurst Milan acted as legal advisor to Aer Soléir on the transaction.

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Andy Kinsella, Aer Soléir CEO and founding partner, said: “Aer Soléir is committed to accelerating solar development across Europe. This partnership with NRG+, a seasoned, market-leading developer in Italy, offers Aer Soléir access to a strong pipeline of high-quality solar projects. We look forward to developing numerous solar projects alongside NRG+, enabling Aer Soléir to significantly grow its footprint in the Italian renewable sector.” 

Marcus Horgan, Aer Soléir Head of Investments, said: “We are delighted to be partnering with an experienced renewables developer, NRG+ Italia, and benefiting from their local presence and expertise. We are confident that this collaboration will enable Aer Soléir to develop a strong pipeline of projects across Italy, representing another major milestone in our growth trajectory.  

Angelo Romano, NRG+ General Manager, said: “We are pleased to announce our partnership with Aer Soléir, a strategic ally to foster our growth in Europe. We share a vision of a sustainable future for Italy powered by modern, reliable, and affordable renewable energy. Together, we are developing a pipeline of 500+ MWp throughout the country with the highest standards, solidifying our commitment to the Italian market for years to come.”