BayWa r.e. sells Italian C I solar PV projects to NetOn Power
The assets - installed on rooftop and carport structures - are located across the country and have a combined capacity of 14.2 MWp. The portfolio includes two operational plants and two Ready-to-Build (RTB) projects.
BayWa r.e. and its Italian subsidiary, BayWa r.e. Power Solutions, have successfully completed the sale to NetOn Power - a provider of distributed energy solutions for the industrial sector - of a portfolio of four commercial and industrial (C&I) photovoltaic projects, located in Italy.
The assets - installed on rooftop and carport structures - are located across the country and have a combined capacity of 14.2 MWp. The portfolio includes two operational plants and two Ready-to-Build (RTB) projects.
This transaction marks a further step forward in BayWa r.e.’s strategy to enhance and optimise its renewable energy portfolio in Europe, reinforcing the company’s commitment to supporting the energy transition through high quality projects.
In recent years, the C&I solar segment in Italy has experienced strong growth, driven by companies’ need to reduce energy costs and emissions, as well as by increasing interest in distributed generation solutions.
Francesca Manso, Managing Director of BayWa r.e. Power Solutions in Italy commented: “We are delighted about this transaction, which represents an important step for our Power Solutions business in Italy. We are confident that, under NetOn Power’s ownership, these projects will support their expansion and continue contributing to the broader energy transition.”
Through this acquisition, NetOn Power strengthens its position in the onsite energy solutions market for industrial clients, further consolidating its commitment to supporting the decarbonisation of Italy’s industrial sector.
Alberto Martin Rivals, CEO of NetOn Power, and Rosario Bisbiglia, Country manager for Italy, added: “This transaction is an excellent addition to our expanding onsite PPA portfolio. It further strengthens our position as a long‑term energy solutions partner for industrial clients and aligns perfectly with our goal of reaching 600 MW of self-consumption C&I photovoltaic plants across Italy and Spain within the next five years.”