Qualitas Energy funds 211MW battery projects in Italy

Qualitas Energy has announced an statement to concern the operation of a 211MW Battery Energy Storage System (BESS) portfolio successful Italy.

Partnering with ACL Energy, an autarkic developer of vigor infrastructure, the woody involves 2 projects located successful Lombardy and Apulia.

The projects, which necessitate some four-hour and eight-hour artillery retention systems, volition run nether 15-year gross agreements secured done Italy’s Capacity Market and MACSE retention auctions.

ACL Energy owns the projects, portion Qualitas Energy volition concern the number shareholder's equity.

The backing originates from the Qualitas Energy Credit Fund and aligns with its strategy to supply tailored indebtedness solutions for renewable vigor infrastructure.

This strategy has already achieved commitments exceeding €370m ($430m). It focuses connected supporting projects and platforms crossed assorted plus classes, including solar, wind, hydroelectric power, artillery vigor retention systems, and renewable earthy gas.

Qualitas Energy Credit spouse and co-head José María Arzac said: “This concern highlights our quality to deploy superior into charismatic opportunities crossed the European vigor modulation assemblage done our Credit strategy.

“We identified a wide financing spread for projects oregon situations requiring flexible and specialised financing solutions beyond the scope of accepted lenders, enabling america to enactment high-quality partners specified arsenic ACL Energy successful delivering captious vigor infrastructure.”

Financing volition screen the portfolio’s construction, commissioning, and operation, with funds distributed upon the accomplishment of circumstantial operation milestones.

This inaugural is portion of Qualitas Energy’s broader ambition to connection low-risk, charismatic returns portion aiding developers successful transitioning into autarkic powerfulness producers.

Qualitas Energy has antecedently facilitated backing for renewable vigor assets crossed Europe, including Germany, Poland, Spain, and Italy.

ACL Energy co-founder and managing spouse Lorenzo Avello said: “In today’s progressively analyzable vigor landscape, artillery vigor retention systems are not lone cardinal enablers of renewable integration, but besides strategical infrastructure for strengthening the competitiveness of the state arsenic a whole.”

"Qualitas Energy funds 211MW artillery projects successful Italy" was primitively created and published by Power Technology, a GlobalData owned brand.

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