September 27, 2024 – Copenhagen, Denmark & Milan, Italy
GreenIT, the Italian renewable energy joint venture between Plenitude (company controlled by Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) through its Flagship Funds, have announced the launch of Divento, the new naming of the partnership dedicated to the development of a 3 GW portfolio of 5 floating offshore wind projects in Italy. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, is coordinating the development for the Divento portfolio supported by GreenIT, iLS and 7SeasWind Power, the original founders of the projects.
Once operating, the plants located approximately 30 km off the coasts of Sicily, Latium and Sardinia, will produce approximately 8TWh of renewable energy, enough to satisfy the electricity consumption of around 2,5 million Italian households, and will contribute to Italy’s decarbonization goals as outlined in the 2030 National Integrated Energy and Climate Plan.
Divento’s offshore wind projects will use floating foundations, in development with innovative technical solutions to minimize environmental and visual impacts. The projects will also benefit from technological and logistic synergies with the other offshore wind initiatives managed within the Divento partnership.
The Divento partnership has the ambition to open the path for floating offshore wind in the Mediterranean and, thanks to its financial and industrial strength, to become a key player in the Italian market. Divento has already obtained the EIA Decree for 7Seas Med (250MW), one of the partnership’s projects, on 21st March 2024, thus becoming the first EIA approval for a large offshore wind farm in the Mediterranean. This important milestone is the result of five years of active development and stakeholder engagement.
“The launch of Divento, the new brand of our floating offshore wind consortium in Italy, is an important milestone for the project partners and our COP team,” said Michele Schiavone, COP Italy CEO. “The partnership between consortium members has in fact been in place for nearly three years, and now under this new identify we will together continue leading and unlocking floating offshore wind technology in the Italian market.”
“We are excited to announce the new name and logo for our Italian partnership on floating offshore wind. The Italian market for floating wind has strong long-term fundamentals and the Divento consortium is ideally positioned to leverage the market opportunities”, said Michael Hannibal, Partner at CIP.
“The launch of Divento comes at a crucial time for our floating offshore wind delivery plan in Italy. Our Sicilian project, 7 Seas Med, has just obtained the first large scale offshore wind EIA Decree in Italy and we are eager to move it to next stage. In line with the national energy targets, Divento will contribute to the development of floating offshore wind in Italy”, says Alessandro Della Zoppa, Head of Renewables, Plenitude.
“CDP aims to be at the forefront of the Italian energy transition, a “just transition” is in our DNA and in what we do every day. Since we started back in 2022 the collaboration with our Partners, we had the vision that the development of the floating offshore wind industry had a huge potential for Italy, and for its positioning within the Mediterranean Sea.”, says Davide Manunta, Head of Equity Investments & Portfolio Management, CDP Equity.
For more information, visit: https://diventoenergia.it/
Follow Divento’s LinkedIn: https://www.linkedin.com/company/divento-energia/about/
About Copenhagen Offshore Partners
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 15 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk
Copenhagen Infrastructure Partners (CIP)
Copenhagen Infrastructure Partners P/S is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. CIP manages 12 funds and has raised approximately EUR 28 billion for energy and infrastructure investments. CIP’s extensive experience and financial strength are instrumental in driving Divento’s ambitious projects.
GreenIT
GreenIT is a joint venture between Plenitude and CDP Equity, established to accelerate Italy’s transition to renewable energy. Their combined expertise and commitment to supporting the country’s energy transition align with Divento’s mission to harness the power of offshore wind in alignment with Italy’s energy transition objectives.
CDP Equity
CDP Equity, a subsidiary of the CDP Group, specializes in investing in infrastructure projects that support Italy’s economic growth and environmental sustainability. Their financial strength and strategic vision are critical to the success of GreenIT and Divento’s projects.
iLStudio
iLStudio – Studio Severini developed the first offshore wind farm in Italy, which was commissioned in 2022 in Taranto. They provide specialist environmental engineering services, innovative solutions and the development of the Divento projects.
7Seas Windpower
7Seas Windpower is co-founder of all the Divento projects and is the first developer of floating offshore wind in Italy.