Italian utility Acea picks Equitix for exclusive talks in solar op deal - sources

TX AG

11/11/2021 18:22

MILAN, Nov 11 (Reuters) - Italian regional utility Acea
 ACE.MI  has picked infrastructure investor Equitix for
exclusive talks to join forces in plans to expand its solar
power operations, two sources said on Thursday.
    Equitix and Italian renewable energy fund Tages had been
left in the race to become Acea's partner of choice to develop
the assets, a source previously told Reuters.
    "The exclusive has gone to Equitix," one of the sources said
on Thursday.
    Acea and Tages declined to comment while Equitix was not
immediately available for a comment.
    Rome-based Acea, one of Italy's biggest regional utilities,
is looking to grow its solar power capacity to 747 megawatts by
the end of 2024, including via partnerships with financial
players.
    On Wednesday Acea Chief Executive Giuseppe Gola said the
utility expected to close the deal by the end of this year or
early next year.  urn:newsml:reuters.com:*:nS8N2QC02C
    

 (Reporting by Stephen Jewkes; editing by Valentina Za)
 ((stephen.jewkes@thomsonreuters.com; +39.0266129695; Reuters
Messaging: stephen.jewkes.thomsonreuters.com@reuters.net))