Wind farms manager Renvico draws bid from A2A - report
The San Gregorio wind farm in Italy. Source: Renvico
Renvico Holding has received an offer for its wind farms from Italian utility A2A SpA (BIT:A2A), the CEO of the latter, Valerio Camerano, told Reuters today.
A development on this matter is anticipated in the next few weeks, according to Camerano.
Renvico was created in 2015, when a vehicle owned by Macquarie European Infrastructure Fund 4 bought the renewable energy arm of Sorgenia Group. According to the company’s website, Renvico currently manages wind farms with a combined installed capacity of 334 MW in Italy and France.
In mid-April, Reuters reported, quoting insiders, that a fund run by Australia’s Macquarie Group Ltd (ASX:MQG) was looking to sell Renvico and that a deal could fetch some EUR 400 million (USD 439m).