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Italy's A2A buys majority stake in rival Volta Green Energy

Published 27/12/2021, 10:42
© Reuters. FILE PHOTO: A2A Energy company technician works on junction box downtown Milan, Italy, May 28, 2016. REUTERS/Stefano Rellandini

MILANO (Reuters) - Italian regional utility A2A said on Monday it had agreed to buy a majority stake in north-eastern peer Volta Green Energy, adding the deal would more than double its 300 megawatts (MW) of solar and wind assets.

A2A said the binding accord for Trento-based Volta Green Energy brought in a pipeline of wind and photovoltaic projects with an expected installed capacity of around 800 MW, some of which were already under way or had been approved by local authorities.

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