Crédit Agricole Italia and Sace: 5 Million to Chiron Energy to Push the Energy Transition

Chiron Energy Capital, has obtained a €5 million financing from Crédit Agricole Italia, with the support of SACE, to accelerate its green industrial plan. The operation is part of a strategic framework that aims to develop new greenfield utility scale plants on the national territory.

Specifically, the medium-long term financing received by Chiron Energy, lasting 60 months, was granted by Crédit Agricole Italia with 70% coverage by SACE’s Future Guarantee, the instrument dedicated to supporting strategic infrastructure investments and projects in favor of environmental sustainability.

The loan will be used to finance the pipeline of new renewable projects promoted by Chiron Energy, with the aim of increasing domestic energy production from clean sources and reducing dependence on imported fossil fuels.

“This financing represents a further step forward in the realization of our vision of a more sustainable energy future for Italy,” said Paolo Pesaresi , Founder and Chairman of Chiron Energy Capital.

“The collaboration with Crédit Agricole Italia and SACE confirms the trust in our project and the importance of a synergic approach between the private sector and financial institutions to address the energy challenges of our country. Through operations like this we can accelerate the energy transition of our country, towards a greener, more resilient and independent production model, increasing the sustainability and competitiveness of the Italian System.”

Chiron Energy, an expanding reality

Founded in 2020, Chiron Energy has established itself in just a few years as one of the Italian players in solar production, thanks to an integrated structure that covers the entire life cycle of the plants: development, construction and management.

The group currently has around 30 operating plants with a total capacity of over 105 megawatts, and plans to start construction of 16 new plants during 2025, which will add another 165 megawatts of capacity. But the ambition does not stop there: in the two-year period 2025-2026, Chiron plans to authorize around 300 megawatts of new photovoltaic capacity, accompanied by the development of next-generation energy storage plants.

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(Featured image by Andreas Gücklhorn via Unsplash)

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