Enfinity Global retains a 50.1% controlling interest in the project, which boasts a 600 MWh capacity. The firm will oversee final development, construction, and long-term asset management. This facility forms a key piece of Enfinity’s broader 6.7 GW storage portfolio in Italy, designed to stabilize electricity prices and improve system resilience as the country shifts away from traditional power sources.
In section Releases
Enfinity Global and Strioga Family Foundation Partner on Tuscany Storage
The Strioga Family Foundation is entering the Italian energy market, acquiring a 49.9% stake in a 150 MW battery energy storage project located in the province of Livorno. This strategic partnership with Enfinity Global aims to bolster grid flexibility and support the ongoing integration of renewables across the region.
For the Strioga Family Foundation, the Livorno site represents its fourth and largest battery storage investment to date, pushing its total European commitment to over 2.5 GWh. CEO Gediminas Uloza noted that the foundation specifically targeted Enfinity for its local market expertise. The deal aligns with Enfinity’s capital recycling strategy, which has seen the company secure partners for over 1.1 GW of capacity in the last year, including deals with Azerbaijan’s sovereign wealth fund. Advant NCTM advised Enfinity on the transaction, while Green Horse and Natural Power represented the foundation.
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