Edison has signed an agreement with Blunova for the joint development of a floating offshore wind power project in Italy. Under the agreement, Edison has acquired a 50% stake in Wind Energy Pozzallo.
Wind Energy Pozzallo owns a project for the development of a floating offshore wind plant with an installed capacity of 975 MW off the coast of Pozzallo in Sicily, over 25 km from the shore. The project is currently in the authorisation phase with the Italian Ministry of the Environment (MASE). Wind Energy Pozzallo has no direct employees and will rely on the professional expertise of Edison and Blunova during the authorisation phase and to carry out project engineering tasks, among others.