InfraVia Capital Partners has entered into a purchase agreement to acquire a majority stake in Green Utility, a solar PV platform focusing on distributed generation and self-consumption for commercial and industrial (C&I) clients in Italy. Financial terms were not disclosed.
Green Utility aims to bring electricity production closer to consumption through solutions that allow C&I clients to optimize their electricity supply with installations dedicated to self-consumption in addition to their existing grid connections.
“Our ambition is to significantly increase our ownership in the solar PV production capacity we are developing in order to best address the needs of our C&I clients for behind-the-meter solutions,” said Silvio Gentile, CEO and founder of Green Utility. “By combining our expertise with InfraVia’s extensive resources and industry knowledge, we are ready to take Green Utility to its next growth stage to become one of the leading renewable
