Cubico Sustainable Investments has reached over 1GW of renewable energy projects under development in Italy.
In addition to an operational portfolio of close to 50 projects with a total capacity exceeding 250MW, Cubico’s development pipeline now comprises 28 projects, with several at an advanced stage.
Spanning three different technologies – solar, wind, and battery energy storage systems (BESS) – the broad geographical and technical footprint of Cubico’s projects “underscores the company’s commitment to building a significant and diverse portfolio of clean energy assets throughout the country”.
The first development projects are expected to reach ready to build status in early 2025.
Since entering the Italian development market in 2021, Cubico has established an in-house multidisciplinary team.
Alessandro Asperti, Country Head for Italy, said: “We’re incredibly proud of achieving this milestone in a relatively short space of time.
“Our success is testament to the expertise of our team and the strong partnerships we’ve built.
“We are committed to expanding our pipeline and team even further to achieve the ambitious development targets we have set ourselves, delivering clean energy projects that support Italy’s clean energy goals and bring significant benefits to local communities.”