Cogefeed Secures Joint Venture to Develop Photovoltaic Plants
Deal News | Jun 30, 2025 | Finance Community IT - 3 Private Equity
Alternative Capital Partners Sgr, through its Sustainable Securities Fund (Ssf), has entered into a joint venture with Cogefeed to develop small to medium-sized greenfield photovoltaic plants. Cogefeed, a company listed on Euronext Growth Milan since November 2024 and specializing in renewable energy, will be assisted by BeCap in financial aspects for the venture. This collaboration establishes a new holding company, Cogefeed Impact, with a 55% stake owned by Cogefeed and 45% by Acp Sgr. The partnership involves a financial commitment from Acp Sgr of up to 4.9 million euros, with construction anticipated to start by September 30, 2025, and operations commencing in the first half of 2026. The project expects to generate around 6.4 MWp of photovoltaic capacity, primarily in the Italian regions of Marche and Basilicata, contributing to significant CO2 emission reductions. Management from both companies expressed enthusiasm for the venture, highlighting its alignment with sustainability and energy transition goals.
Sectors
- Renewable Energy
- Private Equity
Geography
- Italy – The joint venture between Acp Sgr and Cogefeed will develop photovoltaic plants in Italian regions Marche and Basilicata.
Industry
- Renewable Energy – The article discusses a joint venture focused on developing photovoltaic plants, making the renewable energy sector a key focus.
- Private Equity – Acp Sgr, a private equity firm, is involved in a joint venture, highlighting the role of investment firms in renewable energy projects.
Financials
- 4.9 million euros – The total financial commitment from Acp Sgr for the joint venture, including funding for construction and equity.
- 1 million euros – The amount Cogefeed plans to invest in the joint venture, part of which will be in equity and credits.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cogefeed | Target Company | Company | A company specializing in the development of renewable energy plants, listed on Euronext Growth Milan. |
| Alternative Capital Partners Sgr | Bidding Company | Company | A private equity firm creating a joint venture with Cogefeed through its Sustainable Securities Fund. |
| BeCap | Corporate Finance & Business Analysis | Financial Advisor | Company | Provided financial advisory services to Cogefeed for the joint venture. |
| Evarist Granata | Managing Director, Energy Infrastructure | Person | Managing Director responsible for energy infrastructure at Acp Sgr. |
| Daniele Filizola | CEO | Person | Chief Executive Officer of Cogefeed. |