According to a recent LinkedIn post from Recurrent Energy, the company has entered into a 10-year Power Purchase Agreement with a major Italian fashion group for its Pozzolo solar project in Piedmont. The agreement is described as covering 80% of the 8.05 MWp plant’s capacity.
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The post indicates that Pozzolo is Recurrent Energy’s eighth operational project in Italy and its first in the northern region, bringing the firm’s operating portfolio in the country to 132 MW. This suggests incremental, long-duration contracted revenue in a key European market, which may support cash flow visibility and reduce merchant price exposure.
By highlighting the role of corporate PPAs in accelerating decarbonization, the post points to ongoing demand from industrial and consumer-facing brands seeking low-carbon power. For investors, this could imply a favorable backdrop for further contracted capacity growth and potential portfolio expansion in Italy and broader European markets.