Joint venture agreement between F2i and Enel GP: starting with a 210MW voltage, aiming to the branch national leadership
F2i – Fondi italiani per le infrastrutture SGR and Enel Green Power recently officially announced the creation of a joint venture agreement related to the photovoltaic branch. Both societies will equally furnish plants providing 105MW each. In accordance to the agreement, F2i will be able to provide further 58MW within 2016.
This operation confirms the important role F2i plays in promoting societies’ growth and aggregation within infrastructure and energy branches, focusing in particular on renewable sources production. Italy’s largest infrastructural fund states in a note that the initial 210MW portfolio will have the chance to grow, thanks to upcoming acquisitions. Its purpose is indeed to give birth to a national company being able to exploit economies of scale in order to establish itself as branch leader.
F2i CEO, Renato Ravanelli, satisfied of this operation, reminded F2i strategy, which is to create value for its investors, thanks to investments “promoting national societies system growth”.
Established in 2007, F2i operates as a public-private company. Due to its two funds, the company gathered about 3 billion Euros so far, of which 75% used for national infrastructures investments, such as airports, highways, telecommunications, integrated water services, gas distribution, logistic and waste-to-energy networks.
For further information:
www.f2isgr.it/en/allegati/comunicati_stampa/F2i_Enel_GP_PRESS_RELEASE.pdf
F2i 