Renergetica, a company listed on Euronext Growth Milan and operating in the development of projects from renewable sources on the international market, announced today that it has formalized a framework agreement with Edison Renewables aimed at developing photovoltaic plant projects in Italy.
As reported in the company note, the agreement has a duration of five years and for a total value of up to approximately 60 million euros. This framework agreement aims to overcome and expand the previous one, signed on April 6, 2020, significantly increasing the MWp of the projects that can be allocated to Edison, and in fact extending the duration of this partnership.
As Stefano Giusto, CEO of Renergetica comments, “This new framework agreement consolidates an alliance that sees us alongside Edison Renewables, as qualified partners in the development of large plants from renewable sources, for many years now. A partnership that today, even more than in the past, is part of the energy policies promoted by the Italian government through instruments such as the PNRR, which aim to promote the energy transition of our country “.
The Renergetica stock is currently up by 3%, thus finding itself at € 7.30 per share.