Eni and CDP Equity have set up GreenIT, a new joint venture for the development, construction and management of plants for the production of electrical power from renewable sources in Italy.
GreenIT, 51% owned by Eni and 49% by CDP Equity, will produce energy mainly from photovoltaic and wind power plants with the aim of reaching an installed capacity of approximately 1,000 MW by 2025, with cumulative investments amounting to over 800 million euro in the five-year period. CDP Equity is a holding company of Cassa Depositi e Prestiti Group.