MILAN (Reuters) - GreenIT, a renewable energy joint venture owned by energy group Eni and state lender CDP, has bought four onshore wind projects in Italy in its first investment since being set up.
In a statement on Wednesday GreenIT and its two Italian shareholders said the venture had acquired a 110 megawatt portfolio in the Italian southern region of Puglia.
The 55 wind turbines have a production capacity of over 230 GWh a year and will prevent emissions of around 100,000 tonnes of carbon dioxide per year.
Eni, which owns 51% of GreenIT, is currently working on listing up to 30% of its new retail and renewables business.