Octopus Renewables
The portfolio involves nine projects north of Rome and eight on the island of Sardinia
The construction of the 24MW wind project is expected to be completed in the third quarter of 2022
The solar projects cover more than 2,700 rooftops across the UK with a significant proportion installed in households in Manchester and Birmingham
The two sites, located in South Lanarkshire and Northamptonshire, generate electricity to supply more than 17,000 UK homes
Investments will be made in solar and onshore wind assets across the UK
Octopus Renewables said the plants, located on the island of Sardinia, have a total capacity of 70MW
It is acquiring the projects, which are a mix of operational and construction-ready facilities with a total capacity of 130MW, from global renewable energy company RES
The specialist clean energy investor branch of Octopus Group has changed its name with immediate effect to ‘more accurately reflect the business’ core mission’