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BPE Bper Banca SPA

5.294
0.124 (2.40%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bper Banca SPA BIT:BPE Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.124 2.40% 5.294 5.23 5.31 5.308 5.16 5.20 29,972,606 17:00:00

Enel Solar Gigafactory Secures $608 Million Financing to Expand Production Capacity

24/01/2024 3:33pm

Dow Jones News


Bper Banca (BIT:BPE)
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By Nina Kienle

 

Enel's Italian solar gigafactory secured a 560 million-euro ($607.9 million) financing package from the European Investment Bank and a pool of Italian banks to expand production capacity.

Enel Green Power's 3Sun, located in Catania, Sicily, is seeking to expand its production capacity to 3 gigawatts a year by the end of 2024 from 200 megawatts, the European Investment Bank said Wednesday. As a result, 3Sun will become Europe's largest solar factory.

The financing comes the European Investment Bank, supported by InvestEU and various Italian banks such as UniCredit, BPER Banca and Banco BPM.

The photovoltaic cell and modules production gigafactory is set to generate enough clean energy production capacity to supply the equivalent of 1 million households a year.

 

Write to Nina Kienle at nina.kienle@wsj.com

 

(END) Dow Jones Newswires

January 24, 2024 10:18 ET (15:18 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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