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Danish wind turbine maker Vestas Wind Systems A/S (CPH:VWS) on Thursday said it has sold a 656-MW wind project portfolio in Italy to PLT Energia in an example of leveraging its development portfolio to strengthen its partnership with customers.
The buyer is an Italian renewables producer that is owned by Plenitude, the renewables arm of Italian oil and gas major Eni SpA (BIT:ENI), and is a long-term customer of Vestas.
“It is a pleasure to do business with a solvent and capable partner as PLT Energia that will continue investing in developing these projects, which are designed for Vestas technology,” Inigo Sabater, Senior Vice President Development EMEA & LATAM, commented and added that Vestas will continue originating projects in Italy.
PLT Energia chief executive Stefano Marulli said that this deal supports the company’s growth plans in Italy, Europe and the US, with a pipeline of more than 3 GW under construction and in advanced development.
Vestas Development has a pipeline of around 30 GW and, through its development activities, has already sourced over 6.5 GW of firm projects.
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