Limes Renewable Energy (Limes) has sold a 287 MW Italian portfolio of solar PV and wind projects to an International Independent Power Producer with presence in Italy. The portfolio has an equal split of solar PV and wind projects. Additionally, 50 MWp of solar PV projects have already been authorised.
Furthermore, under the terms of the transaction, Limes will continue to provide development support until the projects reach the ready-to-build stage. The portfolio is expected to generate approximately 669 GWh of energy annually once operational.
Limes is an international renewable energy developer specialising in solar, wind, and battery energy storage system projects. It has a total portfolio of 6 GW in development and continues to expand its global presence, with a strong track record in Italy and Chile.
