Enfinity Global Sells 49.9% Stake in Tuscany Battery Storage Project to Strioga Family Foundation in Italy

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Enfinity Global Sells 49.9% Stake in Tuscany Battery Storage Project to Strioga Family Foundation in Italy

Updated on Jul 16, 2026, 03:51 PM IST
Written & Edited by Ashish

Enfinity Global (global renewable energy and sustainability services platform) and E Energy Invest, the investment vehicle of the Strioga Family Foundation, have announced a strategic co-investment partnership in Italy, with Strioga acquiring a 49.9% equity stake in a battery energy storage system project located in the province of Livorno, Tuscany.

 

Enfinity will retain a 50.1% controlling stake in the asset and will oversee the completion of the remaining development and construction work, as well as serve as long-term asset manager.

Project Specifications and Authorization Status

The project is fully authorized and carries a capacity of 150 MW with a four-hour duration, yielding 600 MWh of total storage capacity. It forms part of Enfinity's 6.7 GW battery energy storage system portfolio in Italy, a broader platform the company says is designed to support grid flexibility, enable greater integration of renewable energy, and strengthen energy autonomy while improving the competitiveness of electricity system prices.

Enfinity's Italian platform also includes more than one gigawatt of signed power purchase agreements, agreements under the Energy Release 2.0 framework, and capacity awarded through FER X auctions. The company describes this combination of solar and battery storage infrastructure as central to its role in Italy's ongoing energy transition.

 

Strioga's Growing European Battery Storage Portfolio

The transaction marks Strioga Family Foundation's entry into the Italian energy market. According to Gediminas Uloza, CEO of Strioga Family Foundation, this is the organization's fourth battery energy storage investment and its largest to date. He noted that the deal brings the foundation's total commitments to European battery energy storage projects to well over 2.5 GWh.

Strioga Family Foundation describes itself as a mission-driven organization established to support investments in renewable energy, battery storage, energy and climate technology, and energy efficiency projects. The foundation was advised on the transaction by Green Horse and Natural Power.

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Enfinity's Capital Recycling Strategy in Italy

Enfinity framed the deal as a continuation of its capital formation strategy, which involves bringing minority shareholders into its project portfolios in order to recycle capital and deploy additional electricity capacity in Italy.

 

Over the past twelve months, the company said it has closed transactions with the sovereign wealth fund of Azerbaijan as well as other undisclosed parties, covering portfolios with a combined capacity of more than 1.1 GW.

Carlos Domenech, CEO of Enfinity Global, said the partnership reflects the company's ability to connect long-term capital with what he described as the energy transformation Europe needs.

 

"Together, we will support the delivery of new reliable power capacity at speed, reinforce the resilience of the Italian electricity system, contribute to greater energy autonomy, and help meet growing electricity demand," Domenech said.

Italy's Storage Infrastructure Needs Drive the Deal

Julio Fournier Fisas, General Manager for Europe at Enfinity Global, characterized Italy as entering a new phase of its energy transition in which battery storage will play a critical role alongside renewable generation.

 

He pointed to Enfinity's position of having more than 600 MW of authorized battery energy storage projects in the country, along with what he described as a strong track record in capital structuring, as the basis for the company's ability to support that growth.

The partnership brings together Enfinity's experience in deploying and operating energy infrastructure and in energy commercialization with what Strioga describes as a long-term investment approach and deep experience in energy transition projects across Europe.

Advisers and Transaction Structure

Enfinity was advised on the transaction by Advant NCTM. The announcement was made jointly from Milan on July 16, 2026. No financial terms of the transaction were disclosed in the announcement.

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