Developed, financed, built and managed a 42MW wind farm located in Lazio (Italy).
Hideal Partners’ and RENAM’s teams managed in-house all the activities, from greenfield development, turbines procurement and construction to the sale and management of the project once in commercial operation.
The project was financed through an innovative non-recourse construction financing scheme structured in conjunction with the EPC contractor. Such a scheme was a “first of its kind” in the Italian wind sector.
The majority stake in the project was sold to CVA S.p.A., the Aosta Valley regional utility company, which was keen to partner with Hideal Partners and its asset managing subsidiary, RENAM, for its first non-hydro large scale investment outside its regional territory.