Wind power, the 187 million Fortore plan from IVPC and Eurus
Oreste Vigorito's Benevento-based company and Japanese partner carry out repowering: intervention supported by Unicredit and Crédit Agricole Italia
by Vera Viola
Fortore project kicks off with an investment of EUR 187 million: IVPC Group, which is headed by Oreste Vigorito former president of Confindustria Benevento and one of the main Italian operators in the renewable energy sector, together with Eurus Energy group, a leading Japanese group in renewables, will replace the existing 140 wind turbines, built between 1996 and 1999, with 22 GE Vernova 6.1 MW turbines. When fully operational, the total installed capacity will increase from 84 MW to 134.2 MW.
In practice, a part of Italia's wind power industry, which started almost thirty years ago, is being upgraded with more advanced technologies. The repowering of Fortore is one of the most significant cases of the transition from first-installation wind power to new-generation wind power.
UniCredit, as mandated lead arranger, global coordinator, bookrunner and underwriter, and Crédit Agricole Italia, as mandated lead arranger, will provide the debt financing to support the project.

