Renera Energy partners with Eku Energy to develop over 1GW battery storage projects in Italy.

Sandra Grauers Nilsson, CEO of Eku Energy commented: “Italy is a key market for Eku Energy as we continue our global expansion, and we’re thrilled to have partnered with Renera Energy to help meet the country’s growing needs for energy storage. By combining our deep global expertise in energy markets with Renera’s specialist local knowledge we will deliver safe, secure and reliable energy storage solutions that advance Italy’s clean energy transition.”

Renera Energy recently emerged from the Swiss-based consulting company Energie Zukunft Schweiz AG and its subsidiaries in Germany, Spain, Romania and Italy. All of them are now united in one strong European group of companies that is successfully driving the energy transition forward on the continent. At the end of last year, Renera Energy was already able to successfully close a similar partnership in Italy for the development of a 375 MW solar portfolio.

Eku Energy was initially established by Macquarie’s Green Investment Group, and is now jointly owned by a Macquarie Asset Management managed fund and British Columbia Investment Management Corporation (BCI). The company is working across the full project life cycle to develop, build, and manage energy storage assets that facilitate the delivery of safe, secure and reliable clean energy. Its pipeline includes 1.2GWh of battery storage projects in delivery globally.”

As Paolo Sereni, Head of Storage points out: “This partnership unlocks the true potential of the energy transition by finally integrating energy storage, grid and renewables into a scalable solution to combat climate change. He and his team are looking forward to working with Eku Energy and all the stakeholders involved to drive the development of this comprehensive portfolio of battery storage systems over the coming years.”