Natural Power has acquired a 50% stake in Italian renewables company Studio Rinnovabili.
Since its inception in Rome in 2004, Studio Rinnovabili has provided key services for more than 15GW of renewable energy projects.
Natural Power’s managing director Rob Brown said: “This partnership marks a stride forward in our expansion of service provision across Europe, adding to our existing offices across the UK, Ireland, France and the Americas.
“The visions of both organisations are very much aligned in that we want to create a world powered by renewable energy and we look forward to working with the skilled and experienced team at Studio Rinnovabili to bring breadth and depth to sustainable energy projects throughout the region.”
Services offered by Studio Rinnovabili include owner’s engineering, planning, design, environmental impact assessments, advisory, acoustics and energy yield assessments.
The company has worked across all renewables sub-sectors, with particular expertise in solar, onshore and offshore wind, hydro and battery storage assets.
In a joint statement, Studio Rinnovabili managing directors and shareholders Andrea Bartolazzi, Luigi Imperato and Luca Aprati welcomed the partnership.
They said: “This partnership confirms the strength of our position in the market and we are confident that by working together we will continue to grow Studio Rinnovabili’s revenues and improve our expert technical services to support clients from early origination, to permitting, financing, construction and operative phases.
“As continued shareholders and directors, we’re excited to drive this new phase of the business forward and benefit from the strategic international experience of Natural Power in more mature markets and across the whole project life cycle.
“This will position us to better support the next phases of the energy transition in our region.”
Pictured: Rob Brown, Luca Aprati, Luigi Imperato, Andrea Bartolazzi and Giles Dearden celebrate the new partnership between Natural Power and Studio Rinnovabili