Enfinity Global has signed bilateral agreements with Feralpi, ISAB, De Angeli, and Magis Energia.
The agreements total 1.8TWh under Italy’s Energy Release 2.0 mechanism.
The company said the agreements will support the deployment of approximately 120MW of new solar PV capacity across Italy to meet contracted volumes.
It added the new plants are expected to be interconnected by Q2 2029, expanding electricity supply and enabling more price-predictable power sourcing for industrial customers.
Energy Release 2.0 is promoted by Italy’s Agency for Energy Transition (Gestore dei Servizi Energetici-GSE) and links high-consumption companies with the development of new renewable generation capacity.
“We are grateful to Feralpi, ISAB, Magis Energia, and De Angeli for their trust in Enfinity, as these agreements further reinforce our strong track record with industrial customers,” said Alice Cajani, general manager of Enfinity Energy Commercialization Europe.
“These energy-intensive clients will benefit from more predictable energy prices, strengthening their competitiveness and providing greater confidence for long-term planning in a volatile price environment. By linking demand to the deployment of new power capacity, the 120 MW we plan to build will quickly expand supply for Italian industry,” she added.
Enfinity said it has a pipeline of approximately 8.5GW across solar and energy storage projects in Italy.
The company said it currently has 345MW of operational capacity and 460MW under construction in the country.
It added it has secured PPAs totalling approximately 805MW since launching operations in Italy.