GreenYellow, controlled by Ardian, accelerates its development in Italy with the acquisition of a 6.2 MWp portfolio of rooftop photovoltaic plants from Casillo Group.

GreenYellow, global leader in decentralized solar energy production, with more than 1 ,350  solar plants and energy efficiency, with more than 3,600 Energy Efficiency contracts, is continuing its expansion in Europe and is now accelerating its investments in the Italian market. This strategy aligns with Italy's ambitious goals in renewable energy production, requiring an annual increase of 17% until 2030. Italian businesses must now seek solutions to finance and implement their energy transition.
Founded in 2007, GreenYellow is a well-established French company with over 1,000 collaborators and an international presence in 4 main geographies: Europe, South America, South East Asia, and Austral (Reunion Island, Mauritius, Mayotte and South Africa). As a long-term operator, the company owns and operates its own assets, has built trust with more than 900 clients worldwide. Since its inception, GreenYellow has invested €2 billion in the energy transition of corporates.
GreenYellow Italy, based in Milan, plans to invest over €100 million in the next 3 years in energy transition projects for local businesses throughout the country. This expansion is carried out alongside its majority shareholder, Ardian, a world-leading private investments house.
 
To lead GreenYellow's development in Italy, Ardian has appointed Alessandro ALBANO as Non-Executive President of GreenYellow Italy and is recruiting an experienced team to support its development strategy in the market and meet the expectations of its Italian clients. Alessandro ALBANO, has a background enriched by significant experiences in various institution and businesses spaning Health & Science, Energy, Commercial, and Engineering domains.
His diverse journey includes roles in Public Affairs, global business consulting, support for the internationalization of Italian SMEs, and finance, currently he’s serving as a Senior Advisor for prominent companies and investment funds and he’s also Chairman of Equiter S.p.A..
This geographic expansion reflects GreenYellow's confidence in the potential of the Italian market and its commitment to playing a crucial role in the country's energy transition.
 
Otmane HAJJI, President of GreenYellow, said: "The opening of GreenYellow Italy is in line with the European expansion strategy announced in 2022. Convinced that GreenYellow's presence in Italy will contribute to accelerating the country's energy transition, we are grateful to our shareholder Ardian, our partners, our collaborators, and our clients who support us. We look forward to collaborating closely with Italian companies to build a more sustainable energy future."
 
Accelerating the energy transition of Italian companies thanks to a unique approach
GreenYellow offers comprehensive solutions to meet the specific needs of tertiary and industrial companies in their energy projects. The company offers tailor-made, turnkey contracts that are 100% financed, with a performance commitment covering the entire process - from initial diagnosis, design to installation and operation. This strategic approach positions GreenYellow as an essential partner for Italian businesses, catering to local SMEs as well as international companies with programs spanning multiple countries. GreenYellow specializes in enhancing energy efficiency and harnessing solar power, whether through ground-mounted installations, rooftop systems, parking canopy shades, or floating solar power plants. Furthermore, GreenYellow stands out as a leader in the field of solar self-consumption, a rapidly growing sector, and is the reference player in multi-site deployment.
GreenYellow's growth strategy in Italy combines organic development supported by a local team, partnerships and a complementary focus on acquisitions. GreenYellow's first investment was the acquisition of a portfolio of rooftop photovoltaic plants with a total capacity of 6.2 MWp from the Casillo Group. The flagship project of this acquisition is the rooftop photovoltaic installation at the Fiera di Rimini (4.2 MWp).

Alessandro Albano, GreenYellow Italy Non-Executive President details: “The Italian industry has engaged energy efficiency program for several year and they are now moving to a new era of energy transition, in particular with solar self-consumption and erngy communities. With its unique experience of decentralized PV all over Europe and worldwide, GreenYellow will accompany the local industries in this new dimension.”
Rosario Mazza, Senior Managing Director & Head of Infrastructure Italy at Ardian added: “We are proud to support GreenYellow in the expansion in the Italian market with an innovative business model that helps its industrial clients to decarbonize their businesses and achieve their energy transition objectives. This journey is an excellent example of Ardian's financial, entrepreneurial and strategic investment approach and its strong commitment to the EU aims for climate neutrality, which translates into positive drivers of change for its portfolio companies, clients and the economies of the countries in which they operate”.