The transaction, signed with BayernLB, ING and UniCredit, will finance a portfolio of 26 solar projects located across 6 regions of Central-Northern Italy.
Revalue Energies, an Italian platform active in the development, financing, construction and management of renewable energy plants, announces the closing of its first project financing, relating to a portfolio of 26 solar projects with a total capacity of approximately 162 MW and facilities amounting to more than €160 million. The transaction was signed with a pool of leading financial institutions comprising Bayerische Landesbank (BayernLB), UniCredit and ING, which also acted as Agent, Account Bank and Issuing Bank for the transaction.
The financing comprises three main facilities: a Senior Facility, a DSR Facility and a GSE Guarantee Facility. The structure also includes an accordion mechanism designed to support a potential future expansion of the financed portfolio.
BonelliErede acted as legal advisor to the lenders, BYOM as technical advisor, Aon as insurance advisor and PwC as financial auditor. Revalue Energies managed the financial, legal and technical aspects of the transaction internally.
The closing was celebrated on September 30th in Milan as part of “Shared Ambition,” an event that brought together Revalue Energies’ network of partners and stakeholders and featured, among others, a speech by Massimo Temporelli, physicist, science communicator and founder of The FabLab.
Founded in December 2023 by Marco Corsetti and Luca Di Giacomo, Revalue Energies accelerated its industrial growth following the entry of Asterion Industrial Partners as majority shareholder in 2024. Since then, the company has built a portfolio exceeding 3 GW across solar, wind and storage.
Key highlights
- A 162 MW portfolio comprising 26 solar projects located across 6 regions of Central-Northern Italy
- Three financing facilities (Senior, DSR and GSE) totaling more than €160 million
- Progressive entry into operation over the 2026–2028 period
Marco Corsetti, founder of Revalue Energies, commented:
For us, this closing is not simply a financing, but an important step in building Revalue. Over these years we have chosen to develop a truly integrated model, investing directly in the development, construction and management of our plants, with the aim of holding them over the long term. Having BayernLB, ING and UniCredit alongside us in a transaction of this scale is an important confirmation of the work done so far and, above all, gives us a solid and scalable foundation to keep growing. We are very satisfied with the result achieved and with the relationship built with all the parties who worked together with us to reach this closing.
— Marco Corsetti, Co-CEO of Revalue Energies
About Revalue Energies
Revalue Energies is an Italian industrial platform active in the development, financing, construction and management of renewable energy assets — solar, wind and energy storage. Founded in December 2023 by Marco Corsetti and Luca Di Giacomo, Revalue Energies is a portfolio company of Asterion Infra Fund III, a fund managed by Asterion Industrial Partners, which has been the company’s majority shareholder since July 2024.
About Asterion Industrial Partners
Asterion Industrial Partners is an asset management firm specialized in mid-market infrastructure investments. Founded in 2018 and headquartered in Madrid with an office in London, it manages total assets of approximately €10 billion.
Media contact: Elena Caffaz, Head of Brand & PR, elena.caffaz@revalue-energies.com
