Paris-based private equity and infrastructure investor Omnes Capital SAS and Swiss energy operator Repower AG, through its Italian affiliate Repower Vendita Italia SpA, formed a joint venture called Repower Renewable.
The partnership intends to manage the portfolio assets and develop new energy generation projects in the renewable energy market.
Repower Italia owns 65% of Repower Renewable, while Omnes, through its Capenergie III renewable energy fund, holds 35%.
Repower Renewable's portfolio consists of hydro, solar and wind assets based in Italy, with an aggregate capacity of about 90 MWe, constructed by either Repower or Elettrostudio Energia Srl. The assets are valued at about €100 million.