Enfinity Global Signs 1.8 TWh Agreements, Plans 120 MW Solar Build in Italy – Saur Energy

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Enfinity Global, a renewable energy provider, has signed 1.8 TWh of bilateral agreements under Italy’s Energy Release 2.0 mechanism, supporting the deployment of new power capacity for industrial customers.
In a press release, the company said the agreements involve Italian energy-intensive companies and market operators, including Feralpi, ISAB, De Angeli, and Magis Energia.
To meet the contracted volumes, Enfinity plans to build approximately 120 MW of new solar PV capacity across Italy. The projects, expected to be interconnected by Q2 2029, will expand electricity supply and enable industrial customers to access more predictable power prices.
The latest agreements build on Enfinity’s ongoing expansion in Italy. In December 2023, Enfinity Global Inc. closed €118 million in financing for the construction of 101 MW across four utility-scale solar power plants in the Lazio region. The projects were expected to become operational in 2024.
UniCredit, BayernLB, and Siemens Financial Services, through Siemens Bank, acted as mandated lead arrangers for the financing under a club deal structure.
Further strengthening its presence, Enfinity in 2025 secured €316 million in financing for the construction of eight utility-scale solar plantswith a combined capacity of 276 MW. These projects are located across Emilia-Romagna, Basilicata, and Lazio, and are expected to be fully operational by the end of 2026.
Now Enfity Global under the Energy Release 2.0, promoted by Gestore dei Servizi Energetici (GSE), linked the energy needs of high-consumption companies with the development of new renewable capacity. The mechanism allows companies to access dedicated energy volumes in exchange for committing to invest in new renewable generation.
Enfinity continues to expand its presence in Italy, with a pipeline of approximately 8.5 GW across solar and energy storage projects. The company currently has 345 MW of operational capacity and an additional 460 MW under construction, supporting its long-term strategy to scale electricity supply for industrial demand.
Since entering the Italian market, Enfinity has secured power purchase agreements (PPAs) totalling approximately 805 MW, highlighting its track record of long-term partnerships with industrial customers.
On the latest anouncement, Alice Cajani, General Manager of Enfinity Energy Commercialization Europe said, “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.” 
“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 capacity, the 120 MW we plan to build will help expand supply for Italian industry,” she added.
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