Overview of the year

Repower takes over Repower Renewable

November

Repower Renewable was established in 2018 as a joint venture with the French investor Omnes. With the acquisition of Omnes’s 35 per cent stake in November 2024, Repower now controls 100 per cent of the portfolio of renewable power assets in Italy, as well as all the projects. The Repower Renewable portfolio currently comprises 113 MW of hydropower, solar and wind generation capacity. In addition to this, 200 MW of approved projects, including new storage systems, are in development.

This acquisition is in line with Repower’s strategic goals, as well as creating new opportunities for an Italian clientele of around 30,000. Customers benefit from a transparent energy supply model: in addition to the guarantee of origin proving that the electricity is generated from renewable resources, they receive a certificate that assigns the electricity they consume to a specific renewable energy plant. This concept has met with great market acceptance.

The acquisition underlines Repower’s long-term commitment to renewable energy, a central pillar of the energy transition. Repower Italia is actively promoting this transformation with the aim of supplying its customers entirely with certified, traceable renewable energy. With full control of Repower Renewable, Repower Italia is now even better placed to actively shape this change.

Fabio Bocchiola

Head of Repower Italia