Funding secured for battery energy storage projects in Italy
Yunus Kemp
Posted on: 27 May 2026
BESS are playing an increasingly decisive role in the energy transition by facilitating greater integration of renewable energy
A global investment and management platform focused on funding and developing renewable energy projects has signed a financing agreement to support the construction of a 211MW battery energy storage system (BESS) in Italy.
The portfolio includes two standalone BESS projects in Lombardy and Apulia, backed by long-term contracted revenues through Italy’s Capacity Market and MACSE auctions.
Qualitas Energy confirmed in a press release that it has signed a financing agreement with ACL Energy, an Italian independent energy infrastructure developer.
Financing will be provided through the Qualitas Energy Credit Fund, which has secured more than €370 million in commitments to date.
“Both projects benefit from long-term contracted revenues under 15-year agreements awarded through the Capacity Market and Italy’s MACSE storage auctions.
“The projects are owned by ACL Energy and its industrial partner as majority shareholder, with Qualitas Energy financing the minority shareholder equity contribution to the projects,” said Qualitas Energy.
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The financing will support the construction, commissioning, and operation of the portfolio, with disbursements linked to the achievement of specific construction milestones across the projects.
Severin Hiller, Partner and Co-Head of Credit at Qualitas Energy, said: “Battery energy storage systems are playing an increasingly decisive role in the energy transition by facilitating greater integration of renewable energy, enhancing grid stability and flexibility, reducing renewable curtailment, and providing ancillary services to the electricity system. For these reasons, we view BESS as a highly attractive segment for our Credit strategy.”
Lorenzo Avello, Co-Founder and Managing Partner at ACL Energy said battery energy storage systems are not only key enablers of renewable integration, “but also strategic infrastructure for strengthening the competitiveness of the country as a whole.”
The deal marks ACL Energy’s entry into the institutional capital markets.
