Octopus Energy Announces 1.1 GW Renewable Venture In Italy ...Middle East

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Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market. Its venture group, Octopus Energy Development Partnership (OEDP) has invested in renewables specialist Nexta Capital Partners, and is creating a joint project with the Milan-based group. The new venture aims to build 1.1GW of new onshore wind, solar farms and energy storage in the south of Italy by 2025.  This will power 1.2m homes, while potentially avoiding a potential 950,000 tonnes of carbon dioxide a year. This…

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