Last Update: 08/01/2026 at 12:00 PM EST

Ellomay to Acquire First Italian Battery Storage Project

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Ellomay to Acquire First Italian Battery Storage Project image

Ellomay Capital has agreed through its Luxembourg subsidiary to acquire the company holding a ready-to-build 51.75 MW/207 MWh battery energy storage project in northern Italy. The deal, subject to closing conditions by the end of 2027, would be Ellomay's entry into Italy's electricity-storage market. The company expects storage to complement its renewable portfolio through potential capacity-market, power-trading, and grid-stability revenues.

First Article: 07/30/26

Latest Article: 07/30/26

Articles

07-29-2026
The Manila Times
Ellomay Luxembourg Holdings S.à r.l. signed an agreement to buy a northern Italy 51.75 MW / 207 MWh battery storage project, targeting completion by end-2027 under conditions precedent.
07-28-2026
StreetInsider
On July 28, 2026, Ellomay Capital Ltd. said a Luxembourg subsidiary agreed to acquire a northern Italy company developing a 51.75 MW / 207 MWh battery storage project, targeted for completion by end-2027.