Enfinity Global and E Energy Invest, the investment vehicle of the Strioga Family Foundation, have formed a strategic co-investment partnership in Italy.
Under the agreement, Strioga Family Foundation will acquire a 49.9 percent equity stake in a battery energy storage system (BESS) project located in the province of Livorno, Tuscany. Enfinity will retain a 50.1 percent controlling stake and will be responsible for completing the remaining development and construction, as well as serving as the long-term asset manager.
This fully authorized 150-megawatt project, with a four-hour duration and 600 megawatt-hours of capacity, is part of Enfinity’s 6.7-gigawatt BESS portfolio in Italy, supporting storage solutions that enhance grid flexibility, enable greater integration of renewable energy and strengthen energy autonomy, and the competitiveness of electricity system prices. Enfinity’s integrated solar and BESS platform, together with more than 1 gigawatts of signed po
