Vestas Sells 277 MW Wind Portfolio in Italy

Vestas has sold a 277 MW wind portfolio in Italy. This transaction demonstrates Vestas Development's ability to continue delivering viable, high-quality wind projects in Italy, one of its strategic markets in Europe. 

The projects included in this portfolio have been developed by Vestas and are designed for Vestas’ technology.

"This sale showcases Vestas’ ability to continue originating and developing a high-quality pipeline in Italy, which is key to accelerate the energy transition and bring local benefits to communities in the country”, says Senior Director Vestas Head of MED Development, Leopoldo Versace.

The projects included in the portfolio and the customer are undisclosed.

Vestas Development holds around 28 GW of wind capacity in its pipeline and Vestas has obtained 7 GW of firm projects from development activities. By developing new renewable energy assets, Vestas contributes to accelerate the clean energy transition while bringing significant benefits to local communities, through green job creation and economic development.