Aega ASA has through a fully owned subsidiary, secured exclusivity to purchase a ready to build greenfield project in Lazio. Along with the authorisation, Aega will purchase the entire plot: 52,000 square meters of which ca. 16,500 will be dedicated to the new PV park, while the rest of the land may represent an opening for future opportunities.

All necessary authorisations are expected to be in place within the end of October 2023. The park will be located in Montalto di Castro (Lazio), a municipality with the high concentration of large-scale PV plants in Italy, due to its favorable microclimate and a constructive approach historically shown by its local authorities.