Kelag International acquires Italian solar portfolio Eridano
Type: Acquisition · Technology: Solar · Country: Italy · Capacity: 64.4 MWp · Announced: 2026-09-21
Kelag International has acquired eight solar projects in Italy with a combined planned capacity of approximately 64.4 MWp, branded as the Eridano portfolio. The projects are located primarily in Lombardy and Emilia-Romagna and are expected to generate around 107 GWh annually. Seven projects are ready to build, while the eighth is at an advanced stage of development. The portfolio utilizes agrivoltaic designs, combining solar generation with continued agricultural use of the land. This acquisition builds on Kelag International's successful cooperation with JUWI and strengthens their position in the Italian renewable energy market where they already have strong local expertise. Construction is expected to take place over the coming years.
Analysis
Kelag International announced on 2026-09-21 that it has acquired eight solar projects in Italy, the Eridano portfolio, with a combined planned capacity of approximately 64.4 MWp and no disclosed transaction value. Kelag operates in 14 European markets and has about 1,400 MW of installed renewable capacity. German‑headquartered JUWI, Kelag's partner on the deal, has developed over 6.5 GW of wind and solar capacity since 1996. Seven of the acquired projects are ready to build and the eighth is at an advanced development stage, employing agrivoltaic designs that allow continued agricultural use of the land. Construction of the portfolio is scheduled to take place over the coming years.
Key points
- Acquirer: Kelag International (Austria)
- Target assets: eight solar projects in Lombardy and Emilia‑Romagna, Italy
- Combined capacity: 64.4 MWp
- Annual generation estimate: ~107 GWh
- Partner: JUWI (Germany) with >6.5 GW developed since 1996
Counterparties
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