Plenitude Secures 10-Year PPA with Autostrade per l’Italia to Supply 390 GWh from 16 MW Wind Plant and Accelerate Energy Transition in Italy

Plenitude Secures 10-Year PPA with Autostrade per l’Italia to Supply 390 GWh from 16 MW Wind Plant and Accelerate Energy Transition in Italy

(IN BRIEF) Plenitude has signed a decade-long Power Purchase Agreement with Autostrade per l’Italia for the complete output of a 16 MW wind power plant located in Banzi, Basilicata. The plant is expected to generate approximately 390 GWh over the agreement period. The deal also entails the transfer of guarantees of origin for the full production, supporting Autostrade per l’Italia’s decarbonization efforts. Alessandro Della Zoppa, Head of Renewables at Plenitude, emphasized that this deal underscores Plenitude’s role as a trusted partner in long-term corporate PPAs, while also reflecting the company’s commitment to aiding key Italian businesses in their energy transition goals. Controlled by Eni, Plenitude integrates renewable energy generation, energy sales, and a wide network of electric vehicle charging points, with ambitious plans to reach 10 GW of renewable capacity by 2028 and over 15 GW by 2030.

(PRESS RELEASE) MILAN, 10-Apr-2025 — /EuropaWire/ — Plenitude has secured a 10-year Power Purchase Agreement with Autostrade per l’Italia for the complete sale of the energy output from its wind power facility located in the municipality of Banzi in Basilicata, Italy. With a generation capacity of 16 MW, the plant is projected to produce around 390 GWh of electricity over the duration of the agreement. In addition to purchasing the electric energy, Autostrade per l’Italia will also acquire the guarantees of origin associated with the plant’s production, thereby playing a direct role in reducing its carbon footprint and supporting the broader decarbonization efforts of its operations.

Alessandro Della Zoppa, Head of Renewables at Plenitude, commented, “We are pleased to announce the signing of a Power Purchase Agreement with Autostrade per l’Italia. This agreement not only confirms Plenitude’s role as a strategic partner in securing long-term corporate PPAs, but also reinforces our dedication to guiding leading Italian companies along their journey toward energy transition.” As a company under the control of Eni, Plenitude is dedicated to integrating renewable power generation, providing energy sales and solutions to both households and businesses, and developing an extensive network of electric vehicle charging stations. The firm has set ambitious growth targets with plans to achieve 10 GW of installed renewable capacity by 2028 and to exceed 15 GW by 2030.

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SOURCE: Eni