The Project is a 9.0 MW agrivoltaic solar PV development located in the Abruzzo region of Central Italy, within the municipalities of Casoli and Palombaro. The current technical summary indicates a grid injection capacity of 9.0 MW and a PV generator capacity of approximately 9.98 MWp, using bifacial monocrystalline modules installed on fixed structures.
The Project covers an area of approximately 20 hectares and has an estimated CAPEX of €6.37 million, with an expected annual energy yield of 11,700 MWh based on 1,300 equivalent operating hours. The proposed grid connection is at 20 kV via a new delivery substation connected to the existing medium-voltage infrastructure.
The project documentation identifies a regional Environmental Impact Assessment (EIA) and Regional Single Authorisation as the relevant permitting procedures. The opportunity may be of interest to independent power producers (IPPs), renewable energy investors, infrastructure funds and strategic energy investors seeking an Italian solar PV development opportunity.
INVESTMENT HIGHLIGHTS
- Established project footprint: The Project covers approximately 200,000 sqm (20 hectares) across the municipalities of Casoli and Palombaro, Abruzzo, Italy.
- Defined generation capacity: The technical summary specifies 9.0 MW of grid injection capacity and approximately 9.98 MWp of PV generator capacity.
- Bifacial PV technology: The proposed plant uses monocrystalline bifacial modules installed on fixed structures, with six inverters rated at 1.5 MW each.
- Indicative energy yield: Expected annual generation of approximately 11,700 MWh, corresponding to 1,300 equivalent operating hours, as stated in the project documentation.
- Grid connection solution identified: The project summary describes a proposed 20 kV distribution-grid connection through a new delivery substation, including underground and overhead cable sections.
- Defined development pathway: Regional EIA and Single Authorisation procedures are identified in the project documentation; their current status requires confirmation.
- Potential renewable energy investment: The Project may offer an opportunity for investors seeking exposure to solar PV development in Italy, subject to verification of permitting, grid connection, land rights and project economics.
KEY PROJECT DATA
| Category |
Description |
| Location |
Municipalities of Casoli and Palombaro, Abruzzo region, Italy |
| Technology |
Ground-mounted agrivoltaic solar PV; monocrystalline bifacial modules on fixed structures |
| Grid injection capacity |
9.0 MW |
| PV generator capacity |
Approximately 9.98 MWp |
| Expected annual generation |
Approximately 11,700 MWh |
| Equivalent operating hours |
1,300 hours |
| Land area |
Approximately 200,000 sqm (20 hectares) |
| PV modules |
15,598 modules, rated at 640 Wp each |
| Inverters |
Six inverters rated at 1,500 kW each |
| Transformers |
Six transformers rated at 1,500 kVA each, as stated in the electrical summary |
| Grid connection |
Proposed 20 kV connection to the distribution grid via a new delivery substation |
| Grid connection infrastructure |
Approximately 100 m of underground cable and 1,700 m of overhead cable, as specified in the connection quote |
| Permitting |
Regional Environmental Impact Assessment (EIA) and Regional Single Authorisation |
| Estimated CAPEX |
€6,368,965 |
| Grid connection quote |
€156,717; the source document states that the quote had expired |
| Incentives |
The project summary states that the Project is not eligible to participate in the referenced incentive tariff |
DEVELOPMENT STATUS & MILESTONES
| Date |
Status / Milestone |
| 18 July 2024 |
Grid connection request submitted to e-distribuzione |
| 7 November 2024 |
Initial grid connection quote received |
| 15 January 2025 |
Request submitted to amend the pre-acceptance grid connection quote |
| 8 April 2025 |
Amended grid connection quote received |
| 10 April 2025 |
Date of the project summary sheet containing the technical, administrative and economic assessment |
Note: The source documentation indicates that the grid connection quote had expired. The current grid connection status, permitting progress, land rights, project schedule and outstanding development requirements must be confirmed during due diligence.
INDICATIVE ECONOMICS
| Metric |
Value |
| Estimated CAPEX |
€6.37 million |
| Expected annual generation |
11,700 MWh |
| Equivalent operating hours |
1,300 hours |
| Grid connection quote |
€156,717 |
No independent energy yield assessment, detailed financial model, revenue forecast, operating cost breakdown or project valuation was included in the project summary provided. The figures above are reproduced from the available documentation and should not be interpreted as independently verified forecasts.
PROPOSED TRANSACTION & PROCESS
- Perimeter: Potential acquisition of the project or its associated development rights, subject to confirmation of the ownership structure and assets available for transfer.
- Structure: Transaction structure, consideration and payment terms to be discussed with interested parties.
- Next steps: Execution of a Non-Disclosure Agreement (NDA), followed by access to the relevant project documentation through a virtual data room and submission of non-binding indications of interest by qualified investors.
Further information will be made available to qualified parties following execution of a confidentiality agreement.
This document is for discussion purposes only, is based on information supplied in the project summary dated 10 April 2025, and does not constitute an offer or recommendation to invest.
