(SeeNews) - Jul 8, 2011 - Italian banking group Intesa Sanpaolo SpA (BIT:ISP) and Pirelli Ambiente, a unit of industrial conglomerate Pirelli & C (BIT:PC), have acquired 12.50% and 16.87%, respectively, in GWM Renewable Energy II (GWM RE II), the vehicle which controls the renewable energy activities of Italian GWM group.