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FinanceEnfinity Global, Strioga Family Foundation partner for 150MW BESS in Italy
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Enfinity Global and E Energy Invest, the investment arm of the Strioga Family Foundation, have signed a co-investment partnership for a 150MW battery energy storage system (BESS) project in Livorno, Tuscany, Italy. Under the agreement, the Strioga Family Foundation will acquire a 49.9% equity interest in the fully authorized BESS, while Enfinity Global retains a 50.1% controlling stake. Enfinity Global will complete remaining development and construction activities and serve as long-term asset manager. The project features a four-hour storage duration and total storage capacity of 600MWh. It is part of Enfinity Global's 6.7GW battery storage portfolio in Italy. The partnership aims to strengthen grid flexibility and enable greater integration of renewable energy. Enfinity Global has recently attracted other equity partners, including a sovereign wealth fund from Azerbaijan, for assets totaling over 1.1GW. The Strioga Family Foundation enters the Italian energy market through this transaction.
Source report
The project features a four-hour storage duration and a total storage capacity of 600MWh. Credit: harhar38/Shutterstock.com.
By Shree Mishra Fri, July 17, 2026 at 2:15 AM PDT | 2 min read
Enfinity Global and E Energy Invest, the investment arm of the Strioga Family Foundation, have signed a co-investment partnership for a 150MW battery energy storage system (BESS) project in Livorno, Tuscany, Italy.
Key Terms of the Agreement
- The Strioga Family Foundation will acquire a 49.9% equity interest in the fully authorised BESS.
- Enfinity Global will retain a 50.1% controlling stake.
- Enfinity Global will remain responsible for completing the project's remaining development and construction activities.
- Enfinity Global will also act as the long-term asset manager after completion.
Project Specifications
- Capacity: 150MW
- Storage Duration: Four hours
- Total Storage Capacity: 600MWh
- The facility is part of Enfinity Global's 6.7GW battery energy storage portfolio in Italy.
Statements from Leadership
Carlos Domenech, CEO of Enfinity Global, said:
"We are pleased to welcome Strioga Family Foundation as a strategic partner in this project. This partnership reflects Enfinity Global's ability to connect long-term capital with the energy transformation Europe needs, leveraging its integrated energy platform to deploy critical storage infrastructure."
The company stated that the projects aim to strengthen grid flexibility and enable greater integration of renewable energy sources nationwide.
Enfinity Global's Italian Platform
Enfinity Global's integrated solar and storage platform in Italy includes:
- More than 1GW of signed power purchase agreements
- Energy contracts under the Energy Release 2.0 programme
- Capacity secured in FER X auctions
The company has recently attracted other equity partners to its Italian platform, including the sovereign wealth fund of Azerbaijan and additional undisclosed parties, for assets totalling more than 1.1GW within the last year.
Strioga Family Foundation's Market Entry
The Strioga Family Foundation has entered the Italian energy market through this transaction.
Gediminas Uloza, CEO of Strioga Family Foundation, said:
"We have actively been seeking for partnerships with Europe's leading renewable energy platforms, and we are very pleased to partner with the Italian market expert Enfinity Global on this BESS opportunity."
Advisory Roles
- Enfinity Global was advised by Advant NCTM.
- Strioga Family Foundation received advice from Green Horse and Natural Power.
Related Development
In October 2025, Enfinity Global signed an equity and development agreement with a European investor to complete a 486MW BESS in Italy.
"Enfinity, Strioga sign partnership for 150MW BESS in Italy" was originally created and published by Power Technology, a GlobalData owned brand.
Source
Yahoo FinanceWestern
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Enfinity Global and Strioga Family Foundation Partner for 150MW BESS in Italy