Published: 3/5/2026 7:09:51 AM

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Finwire about Zenith Energy Ltd: Zenith Energy acquires solar energy project in Italy

The energy company Zenith Energy has completed the acquisition of a new solar project in the Puglia region of Italy, with a planned installed capacity of approximately 10 megawatts. The project also includes associated land for an integrated 4 megawatts of battery storage to optimize energy distribution. The project is in the development phase and is expected to reach so-called ready-to-build status in February 2027.The purchase price amounts to approximately EUR 1 million and will be paid when the necessary permits have been obtained and the project has reached ready-to-build status. Following the acquisition, the company's solar development portfolio amounts to approximately 135.5 megawatts."We are very pleased to further strengthen our solar energy portfolio in one of Europe's most attractive markets for solar energy development. Following the acquisition, our solar development pipeline has increased to approximately 135.5 MWp, and we intend to continue expanding it rapidly toward our target of at least 200 MWp by the end of 2026," said CEO Andrea Cattaneo in a comment.

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