Green Utility, a solar PV platform focused on distributed generation and self-consumption solutions for commercial and industrial (C&I) clients in Italy, has entered into a binding agreement with Basalt Infrastructure Partners to acquire Mareccio Energia, an Italian solar PV portfolio.
The transaction includes a fully operational solar PV portfolio of 61 megawatts across 66 plants, primarily located in Puglia, Umbria and Sicily. The Mareccio Energia assets offer a diversified geographical footprint that complements Green Utility’s existing portfolio. Plans are already in place to revamp and repower parts of the portfolio to further increase its capacity and performance.
This acquisition marks a first step forward in Green Utility’s expansion roadmap. With InfraVia as the majority shareholder since the end of 2024, Green Utility is on track to triple the size of its platform from an initial portfolio of approximately 50 megawatts to more than 170 megawatts withi
