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Home » News » Solar » Azerbaijan’s SOFAZ to Acquire 49% Stake in Enfinity Global’s Italian Solar Portfolio
Solar

Azerbaijan’s SOFAZ to Acquire 49% Stake in Enfinity Global’s Italian Solar Portfolio

By Willow SnyderJuly 18, 20252 Mins Read
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Credit:Enfinity Global
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Azerbaijan’s sovereign wealth fund, SOFAZ, has agreed to acquire a 49% stake in a 402-megawatt solar portfolio in Italy owned by renewable energy developer Enfinity Global, the companies said on Thursday. The transaction covers 14 photovoltaic plants—both operational and under construction—located in the Lazio and Emilia-Romagna regions. The facilities are backed by long-term power purchase

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