Foresight Energy Infrastructure Partners II (FEIP II), the flagship energy-transition fund managed by Foresight Group, has taken ownership of a majority stake in Italy’s flyRen Energy Group.
flyRen is an independent renewable power producer headquartered in Turin, Italy, with a development pipeline of approximately 2.2 gigawatts spanning solar, battery storage and onshore wind. flyRen has a proven track record in delivering projects to ready-to-build stage.
Richard Thompson, co-manager of Foresight Energy Infrastructure Partners, said this acquisition represents another significant milestone for FEIP II, underscoring the firm’s commitment to accelerating Europe’s energy transition and supporting Italy’s shift to a low-carbon economy.
“European energy resilience is front of mind across the continent, and with this acquisition we can help advance energy independence as we look to build robust renewables-led energy systems that can help meet the growing d