#Italy #Milan #Microsoft #Enfinity Global #Power Purchase Agreement

Enfinity Global's Milestone in Renewable Energy

Enfinity Global has officially commenced the commercial operation of its first project within a portfolio of Power Purchase Agreements (PPAs) with Microsoft, launching in Italy. This solar photovoltaic plant boasts a capacity of 33.8 MW AC, marking the beginning of a significant strategic alliance aimed at bolstering Microsoft's sustainability objectives through a dependable supply of renewable energy.

This initial endeavor is part of a broader collaboration that could scale up to 366 MW AC, including further renewable energy projects that are already under construction across Italy. The partnership is set not only to provide energy but also to create a positive impact by investing in and generating jobs within the local communities where these power plants are established, specifically in Lazio, Emilia-Romagna, and Basilicata.

According to Carlos Domenech, the CEO of Enfinity Global, "We are thrilled to supply solar energy to a technology leader like Microsoft. At Enfinity Global, our mission is to deliver reliable, value-added renewable energy solutions to our local and international clients while playing a responsible role within the communities where we operate our power facilities."

Founded in 2019, Enfinity Global Inc. and its subsidiaries stand at the forefront of renewable energy and sustainability services in the United States. The company maintains a substantial portfolio of 39.3 GW comprising operational projects, those under construction, and in development, alongside an additional 37 GW currently in negotiation across the United States. With headquarters in the U.S., Europe, Japan, and India, Enfinity aims to contribute to a low-carbon economy.

The leadership team at Enfinity is recognized as one of the most experienced in the renewable energy sector globally, bringing over $41 billion in financing expertise with 26 GW of solar and wind assets developed and acquired to date. The firm is currently dominating the solar energy purchasing market in Italy, having contracted 808 MW over the past two years with major corporations and industrial clients.

As Enfinity Global advances with its collaboration alongside Microsoft, the focus continues to remain not only on energy supply but also on fostering sustainability within the local communities, securing renewable energy's role in achieving global environmental goals.