The transaction was carried out with the joint support of CDP, BNP Paribas, Crédit Agricole CIB, ING Bank, Intesa Sanpaolo and UniCredit
One of the most innovative transactions in the national energy landscape, distinguished by the unique combination of agrivoltaic infrastructure and next-generation energy storage systems
Rome, Milan, 26 March 2026 - The Whysol Renewables Group, a platform operating in the renewable energy and energy transition sectors, has secured a €319 million green financing facility through its subsidiary Whysol ION Holding. The facility has been provided by leading domestic and international banks and financial institutions.
The pool comprises Cassa Depositi e Prestiti (CDP), acting as original lender, structuring mandated lead arranger and bookrunner, BNP Paribas Italian Branch, Crédit Agricole Corporate & Investment Bank - Milan Branch, ING Bank N.V. - Milan branch, Intesa Sanpaolo -IMI Corporate & Investment Banking Division and UniCredit, acting as original lenders, structuring mandated lead arrangers, global coordinators, hedging banks, green loan coordinators and bookrunners. Intesa Sanpaolo also acted as facility agent, issuing bank and depositary bank.
The financing will enable Whysol ION Holding to support an ambitious growth plan in Southern Italy through the development of two battery energy storage system (BESS) plants and four agrivoltaic plants in Apulia, Sardinia and Campania, with a total capacity of approximately 328 MW.
The financing represents one of the most advanced initiatives in the national energy sector, thanks to the combination of agrivoltaic facilities and next-generation storage systems — a configuration that remains relatively rare in Italy in terms of both scale and structure. These projects will make a significant contribution to increasing renewable energy generation capacity, delivering tangible benefits to local communities and supporting the country's decarbonisation process.
The transaction, fully compliant with the Green Loan Principles, also includes the arrangement of the guarantees required to access the relevant regulatory frameworks and incentive mechanisms. The agrivoltaic plants will benefit from the FER X and Energy Release 2.0 schemes, managed by the Italian Energy Services Manager (GSE), while the BESS facilities will access the Electricity Storage Capacity Procurement Mechanism (MACSE).
In connection with the transaction, the Company was advised by Legance - Avvocati Associati as drafting counsel and by Arcus Financial Advisors. The banking institutions were supported by BonelliErede as legal advisor, Fichtner Italia as technical consultant, Marsh as insurance advisor and Aurora Energy Research as market advisor. Finally, the financial model audit was carried out by KPMG.
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