Renewable energy fund manager Glennmont Partners closed its acquisition of a 36-MW wind farm in the Calabria region of Southern Italy, according to a Dec. 9 company news release.
The project will receive a 20-year feed-in-tariff.
Vestas Wind Systems A/S supplied the wind turbines and will also provide operation and maintenance services for the wind facility.
In June, Glennmont raised €850 million for its third clean energy fund, which it planned to use to invest in renewable energy projects across the European Economic Area.
Greencoat Renewables is managed by Greencoat Capital LLP.