BayWa r.e. has completed the sale of a 14.2-megawatt commercial and industrial solar portfolio in Italy to NetOn Power, expanding distributed clean energy deployment across the country’s industrial sector.
The transaction includes four photovoltaic projects located across different regions of Italy. These installations sit on rooftop and carport structures at commercial and industrial facilities, reflecting the accelerating shift toward on-site power generation among energy-intensive businesses.
Together, the assets deliver a combined installed capacity of 14.2 megawatts peak (MWp). Two of the projects already operate and generate electricity, while the remaining two have reached Ready-to-Build (RTB) status, meaning they completed development and now stand prepared for construction.
The portfolio transfer aligns with BayWa r.e. ‘s broader European strategy: develop high-quality renewable energy assets and move them to operators positioned to scale long-term energy deployment.
Strategic Portfolio Optimization Across European Renewables
Across Europe, renewable developers increasingly structure project pipelines with a develop-and-transfer model. Under this approach, companies design, permit, and advance assets through development milestones before transferring them to operators that focus on long-term generation and energy services.
BayWa r.e. continues to pursue that strategy as it refines its regional renewable portfolio. By moving completed or near-ready assets to experienced operators, the company unlocks capital for new developments while accelerating the rollout of distributed clean energy infrastructure.
Meanwhile, the commercial and industrial solar segment in Italy has expanded rapidly. Businesses face rising electricity costs and tightening decarbonisation expectations; consequently, many companies now deploy solar power directly at their facilities.
Distributed energy systems allow industrial customers to produce electricity on-site rather than relying exclusively on centralized power generation. As a result, rooftop and carport solar installations have become a common pathway for companies seeking cost control and carbon reduction.
Leadership Commentary Highlights Strategic Importance
Francesca Manso, Managing Director of BayWa r.e. Power Solutions in Italy, explained that the transaction represents an important development for the company’s Power Solutions activities in the country. She noted that the company is pleased to see the portfolio move forward under the ownership of NetOn Power and expressed confidence that the projects will support the company’s growth while continuing to contribute to the wider energy transition.
For NetOn Power, the acquisition strengthens its positioning in the on-site energy solutions market. The company focuses on delivering solar infrastructure directly to industrial facilities, enabling businesses to shift away from conventional power sources.
According to Alberto Martin Rivals, Chief Executive Officer of NetOn Power, and Rosario Bisbiglia, the company’s Country Manager for Italy, the transaction is a valuable addition to NetOn Power’s growing onsite power purchase agreement (PPA) portfolio. They stated that the deal strengthens the company’s role as a long-term energy partner for industrial customers and supports its broader expansion plans.
NetOn Power has outlined an ambitious growth strategy across Southern Europe. Over the next five years, the company aims to develop around 600 megawatts of self-consumption commercial and industrial photovoltaic capacity across Italy and Spain.
Distributed Solar Momentum Builds Across Southern Europe
The newly acquired solar projects will contribute to that expansion trajectory while extending the adoption of locally generated renewable electricity among industrial operators.
At a broader level, the deal illustrates how distributed solar infrastructure continues to gain momentum across Southern Europe. Developers increasingly originate projects tailored for commercial and industrial energy consumption, while specialized operators scale these assets through long-term PPAs and energy services.
Consequently, partnerships between developers and distributed energy providers now play a central role in advancing regional decarbonisation. By transferring renewable assets into operational portfolios, companies such as BayWa r.e. and NetOn Power are accelerating the deployment of distributed solar generation, while supporting the long-term shift toward lower-carbon industrial energy systems.
