Plenitude acquires 49% equity stake in two operational photovoltaic plants and a storage facility in California from EDP Renewables
245 MW
Capacity
Plenitude, through its US subsidiary Eni New Energy US Inc., has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in a portfolio comprising two operational photovoltaic plants (Sandrini 100 and Sandrini 200) and an electricity storage facility (Sandrini BESS) under construction in California. The acquired share represents 245 MWdc of the total 499 MWdc installed capacity, marking Plenitude's entry into the California market and expanding its US renewable energy footprint to approximately 1.7 GW.
Get daily hybrid deal alerts — free, no spam.
Subscribe to access full counterpart details, deal analysis, and timeline.
Subscribe from €20/mo →Timeline
Announced
Jan 16, 2025
Signed
Closed
Get the full picture — timeline, source intelligence, and counterpart analysis.
Subscribe from €20/mo →
Global Infrastructure Sherpa