EuropeOffshoreRenewables

Eni and CIP tie-up to develop three floating offshore wind farms in Italy

Eni-led renewables venture GreenIT has signed a deal with funds managed by Denmark’s Copenhagen Infrastructure Partners (CIP) to develop three floating offshore wind projects in Latium and Sardinia.

The wind farms are planned to be located on average roughly 30 km off from the coast and have an overall capacity of about 2 GW.

The deal involves the development of a project in Latium, off the coast of Civitavecchia, for a total capacity up to 540 MW and two other wind farms located off the coast of Olbia, with a power of around 500 MW and 1,000 MW. Combined the three projects will produce around 5 TWh/year with commercial operation expected between 2028 to 2031.

The wind farms will be developed by a joint working team, in collaboration with Copenhagen Offshore Partners, the exclusive offshore wind development partner of CIP, and Italy’s NiceTechnology and 7 Seas Wind Power, which have collaborated with GreenIT and CIP on the deployment of two other wind farms in Sicily and Sardinia.

The three wind farms make the consortium one of the largest developers in the sector in Italy, with a pipeline totaling almost 3 GW, enough to satisfy the electricity consumption of around 2.5m homes.

Founded in 2021, GreenIT is a joint venture, owned 51% by Eni’s Plenitude and 49% by CDP Equity.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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