Hybrid project: AGP acquires fully authorized project

The future of renewables is hybrid, and AGP will continue to invest along this path.

The new project acquired by Altea Green Power is located in Apulia.

It is a hybrid project, fully authorized, and involves the development of a 12 MW photovoltaic plant integrated with an 8 MW battery energy storage system (BESS).

This is not merely new renewable capacity: the integration of solar generation and storage marks an evolved power generation model, able to optimize energy use, enhance system flexibility, and deliver greater value over time.

With expected output of approximately 22 GWh per year, the project strengthens Altea Green Power’s development as an Independent Power Producer (IPP) and confirms our vision: investing in innovative assets that bring together sustainability, efficiency, and profitability.

Special thanks to the advisors who supported us in this first venture: Bruno Colonese of WPS for technical Due Diligence and Simmons & Simmons for legal and administrative Due Diligence, coordinated by partner Tommaso Tomaiuolo, with Andrea Pototschnig as supervising associate and lawyer Giorgio Bianchi.