Fontavis and GR Value jointly realise a renewable energy portfolio in Italy

Milan (IT) / Baar (CH), 14 July 2021 – On behalf of its clients, Switzerland-based asset manager Fontavis signed a partnership agreement with GR Value S.p.A. regarding wind and photovoltaic (PV) energy generation in Italy. As part of the transaction, Fontavis co-invests into a 15 MW operational PV portfolio supported by the Italian state tariff. Furthermore, the parties agreed to co-develop wind power and PV projects for a total volume of more than 330 MW. The collaboration of Fontavis with GR Value contributes to the fulfilment of the ambitious targets of the country’s energy transition.