Qualitas Energy Forms JV with Mirova to Develop 250 MW RE Projects in Italy
Qualitas Energy and Mirova have formed a joint venture, Italian Renewable Platform, to develop, build, and operate up to 250 MW of renewable energy projects across Italy, with Mirova as the majority owner.
March 21, 2025. By Mrinmoy Dey

Qualitas Energy has announced the establishment of a joint venture with Mirova, an affiliate of Natixis Investment Managers, to develop, build, and operate up to 250 MW of renewable energy projects in Italy.
Qualitas Energy will provide development, construction supervision, and portfolio monitoring services to the platform, while Mirova will be the majority owner of the joint venture – Italian Renewable Platform.
The portfolio comprises 33 solar photovoltaic (PV) projects located across eight regions in Italy – Piemonte, Friuli, Marche, Lazio, Campania, Basilicata, Sardegna, and Sicilia. These projects vary in maturity, including 53 MWp of operational projects, 41 MWp of ready-to-build projects, and 54 MWp of projects in the late development phase, with the ready-to-build projects expected to be completed by December 2025. Additionally, the portfolio may be expanded to include wind projects with an anticipated capacity of around 100 MW.
This portfolio has been entirely developed by Qualitas Energy through its fund Qualitas Energy IV.
Manuel Espinosa, Partner – Investment at Qualitas Energy, said, “By partnering with an ally who shares our vision for a sustainable future, we ensure these assets continue to create value. We remain fully dedicated to the platform, providing our capabilities in development, construction supervision, and portfolio monitoring. Our long-term commitment to Italy and its energy transition is steadfast. We will continue to play an active role in advancing the country’s clean energy landscape, and we are actively expanding our project pipeline by pursuing new opportunities.”
Raphaël Lance, Global Head of Private Assets, Head of Energy Transition funds at Mirova, added, “We are excited to partner with Qualitas Energy, a trusted collaborator with whom we have successfully invested in projects in Spain. This first direct investment by Mirova in Italy represents a significant step to support the transition of the country’s energy mix. The Italian renewable market showcases strong fundamentals, characterised by stable regulations, a robust national support mechanism, and a dynamic power purchase agreement (PPA) market.”
Qualitas Energy will provide development, construction supervision, and portfolio monitoring services to the platform, while Mirova will be the majority owner of the joint venture – Italian Renewable Platform.
The portfolio comprises 33 solar photovoltaic (PV) projects located across eight regions in Italy – Piemonte, Friuli, Marche, Lazio, Campania, Basilicata, Sardegna, and Sicilia. These projects vary in maturity, including 53 MWp of operational projects, 41 MWp of ready-to-build projects, and 54 MWp of projects in the late development phase, with the ready-to-build projects expected to be completed by December 2025. Additionally, the portfolio may be expanded to include wind projects with an anticipated capacity of around 100 MW.
This portfolio has been entirely developed by Qualitas Energy through its fund Qualitas Energy IV.
Manuel Espinosa, Partner – Investment at Qualitas Energy, said, “By partnering with an ally who shares our vision for a sustainable future, we ensure these assets continue to create value. We remain fully dedicated to the platform, providing our capabilities in development, construction supervision, and portfolio monitoring. Our long-term commitment to Italy and its energy transition is steadfast. We will continue to play an active role in advancing the country’s clean energy landscape, and we are actively expanding our project pipeline by pursuing new opportunities.”
Raphaël Lance, Global Head of Private Assets, Head of Energy Transition funds at Mirova, added, “We are excited to partner with Qualitas Energy, a trusted collaborator with whom we have successfully invested in projects in Spain. This first direct investment by Mirova in Italy represents a significant step to support the transition of the country’s energy mix. The Italian renewable market showcases strong fundamentals, characterised by stable regulations, a robust national support mechanism, and a dynamic power purchase agreement (PPA) market.”
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