Terra Firma’s RTR in €103m solar deal

Rete Rinnovabile, an Italian solar power business owned by private equity group Terra Firma, has acquired 31 solar plants from Acea, the listed Italian public utility. The deal has an enterprise value north of €100m.

Rete Rinnovabile (RTR), the Italian solar power business owned by London-based private equity firm Terra Firma, has acquired 31 solar power plants from Acea, the Italian public utility which is listed on the Milan Stock Exchange.

The acquired portfolio consists of plants based in Puglia, Campania and Lazio and adds 32.5

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