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case history

ForVEI

ForVEI S.r.l. was set up by VEI Green and Foresight Group to aggregate assets in the solar photovoltaic sector in Italy. 

At the end of 2017 ForVEI managed 30 plants in Piedmont, Emilia Romagna, Marche, Abruzzo, Campania, Calabria, Puglia, and Sicily, with a total capacity of 90 MW.

With its extensive geographic footprint, in a rapidly consolidating market, ForVEI appeared to be one of the largest and well organized photovoltaic portfolios, thus attracting most investors.

After a 7 months competitive process, in November 2017 ERG Power Generation S.p.A. entered an exclusity agreement to buy the company later in 2018.

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