Open SB acquires 3E to expand Italian solar PV and storage capabilities
Type: Acquisition · Technology: Solar · Country: Italy · Announced: 2026-03-24
Open SB, a holding company formed from ECO The Photovoltaic Group, acquired 3E, a Naples-based solar PV company with operations since 2007. The acquisition strengthens Open SB's integrated solar solutions, including turnkey installations, technical support, and revamping services. 3E specializes in project financing, incentive management, and repowering of existing solar assets. Open SB plans to leverage 3E's expertise to expand its territorial presence, particularly in Southern Italy. The deal aligns with Open SB's broader strategy to acquire companies with specific competencies, such as energy storage systems, in the coming years.
Analysis
Open SB acquired 3E, a Naples-based solar PV company, on 2026-03-24, for an undisclosed value. Open SB, formed from ECO The Photovoltaic Group, will leverage 3E's expertise in project financing, incentive management, and repowering of existing solar assets. 3E has been in operation since 2007, specializing in solar PV services. The acquisition will expand Open SB's integrated solar solutions in Italy, particularly in Southern Italy. The deal was announced on 2026-03-24.
Key points
- Acquirer: Open SB
- Target: 3E
- Location: Italy
- Announcement date: 2026-03-24
- Value: Not disclosed