GreenIT Obtains €370 Million Funding for Renewable Initiatives in Italy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 12 2025
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Source: Yahoo Finance
Project Financing: GreenIT, a renewable energy joint venture between Eni’s Plenitude and CDP Equity, has secured a €370 million project finance agreement to develop its Italian greenfield portfolio, aiming for 1GW of installed capacity by 2030.
Investor Confidence: The financing, primarily from the European Investment Bank and other major European lenders, highlights the growing investor interest in renewable infrastructure in Italy, supporting the country's energy transition and climate goals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
