Finance the development of a portfolio of 5 energy storage projects in Italy.
The Sunco Energy Storage Italy project, developed by the Sunco Capital Green Energy group, aims to develop a portfolio of five energy storage assets in Italy, located in the regions of Piedmont, Apulia, and Lazio.
The total nominal power of the five projects reaches 494 MWp.
This portfolio actively contributes to the energy transition and the deployment of renewable energies in Italy.
The Sunco Capital Green Energy group is seeking to raise a second tranche of 1 000 000 €, within a total target of 3,000,000 €.
The funds raised will be used to partially finance the development of this project portfolio, for which the land and connection have already been secured.
The offer
Financing for the development of a portfolio of energy storage projects in Italy
Financing Offer
Sunco Capital Green Energy, a Spanish group based in Madrid, offers an investment opportunity in the financing of a portfolio of five energy storage assets (batteries) located in Italy, specifically in the regions of Piedmont, Apulia, and Lazio.
The operation aims to raise up to 1 000 000 € in the form of senior debt, to finance the development costs of the five projects until they reach the “Ready to Build” (RTB) state.
Repayment is expected through bank refinancing once the RTB phase is reached. If such refinancing is not obtained, the sale of the assets is considered as an alternative exit route.
Investment Structure
The investment is structured through the issuance of debt by Sunco Capital Green Energy Spain III, S.A., the Spanish company owning the assets.
The issuance is subject to Spanish jurisdiction. Both the issuance contract and the protocol of commitments between the parties will be notarial deeds registered in the Spanish Mercantile Registry, ensuring greater security and enforceability in case of non-compliance.
Project Guarantees
First-rank pledge over 100% of the shares of Sunco Capital Green Energy Spain III, S.A., the company owning the assets.
Specifications
Investment phases
- Investment open to everyone
End of project financing
Resources
Simulator
Investment simulation
Sunco Energy Storage Italy T2 - Obligation 9.5%/year over 3 years
Simulation - Rate : 9.5% / year on 3 ans
Initial investment:
€1,000
Repayments and interest:
€1,285
In 3 transfers
| Date | Interest* | Capital | Amount |
| 01/10/2026 | €95 | €0 | €95 |
| 01/10/2027 | €95 | €0 | €95 |
| 01/10/2028 | €95 | €1,000 | €1,095 |
| Total | €285 | €1,000 | €1,285 |
*Gross interest before tax, including all fees (view taxation) The dates are indicative. The final dates will be available once the project is officially closed. The result presented is not a forecast of the future performance of your investments. It is only intended to illustrate the mechanics of your investment over the investment period. The evolution of the value of your investment may vary from what is shown, either increasing or decreasing. | |||
The project
Project Presentation
Sunco Capital Green Energy, a Spanish group based in Madrid, is developing a portfolio of five energy storage projects in Italy, in strategic regions for the energy transition: Piedmont, Apulia, and Lazio.
The projects involve the implementation of independent BESS (Battery Energy Storage Systems), aimed at optimizing the stability of the electrical grid by storing energy during excess periods and injecting it during deficit periods.
| Projects | Bosco Marengo | Leini | Roma (Lazio) | Nardò | Galatone |
|---|---|---|---|---|---|
| Region | Piedmont | Piedmont | Lazio | Apulia | Apulia |
| Total Power | 100MWp | 100MWp | 100MWp | 94MWp | 100MWp |
| Status | Development | Development | Development | Development | Development |
| Estimated RtB Phase | Q3 27 | Q1 27 | Q4 27 | Q3 26 | Q4 27 |
The land and connection have been secured, allowing for rapid progress towards the Ready to Build phase.
Italian Market Context
Italy is at a critical juncture in its energy transition. Since the closure of its four nuclear power plants, the country has come to import more than 80% of its energy consumption (2023), with only 17% produced locally.
The Role of Storage in the Transition
Battery storage systems (BESS) are essential for: - Stabilizing the grid against the intermittency of renewable sources such as the sun or wind. - Absorbing excesses of photovoltaic production (especially in the south). - Injecting energy during periods of high demand or low production.
Key Markets for Revenue
1. Capacity Market
- Capacity market: Contracts are either 1 year (for existing plants) or 15 years for new plants.
- New capacity: 594 MW awarded in 2027, 95% through BESS.
2. MACSE (Energy Storage Support Mechanism)
- Launched in 2025, applicable from 2028.
- Remuneration based on stored energy (€/MWh) to promote long-duration storage.
- Allocation by zone according to network needs.
3. Electricity Markets and Auxiliary Services (MSD)
- Additional participation allowed for BESS.
- Possibility of energy arbitrage and provision of services such as frequency regulation and reserve capacity.
Project owners
Sunco Capital Green Energy
Sunco Capital is an integrated producer and developer of renewable energy assets specializing in photovoltaic (PV) installations and battery energy storage systems (BESS).
Based in Madrid, the company develops an international portfolio of approximately 3.5 GW, with a significant portion located in Southern Europe (mainly in Italy).
An experienced player in the energy transition
Founded in 2009, Sunco has quickly established itself as a recognized player in the renewable energy sector thanks to its ability to develop high-value-added complex projects. To date, more than 2 GW of projects have been developed by its teams.
The company has more than 30 employees with specialized profiles (origination, engineering, legal, markets, finance, operations), allowing it to control the entire value chain: opportunity identification, permit acquisition, financial structuring, income optimization through PPA structuring, construction, operation, and asset management.
Sunco is decisively investing in the development of battery storage systems, giving them a strategic value in the integration of renewable energies into the grid.
The company has more than 30 employees with specialized profiles (origination, engineering, legal, markets, finance, operations), allowing it to control the entire value chain: opportunity identification, permit acquisition, financial structuring, income optimization, construction, operation, and asset management.
A structured approach and a European ambition
Sunco adopts a long-term vision, guided by a sustainable investment strategy and a quest for tangible impact on the decarbonization of the energy mix.
The company stands out for its rigor in project structuring and its positioning in high-potential markets, such as Italy, where it is currently deploying several energy storage projects.
Our analysis
Risk overview
Counterparty risk
Risk of counterparty payment default that would jeopardize the project's cash inflows
Mitigation methods
Sunco cuenta con una experiencia significativa en el desarrollo de proyectos de energías renovables, con una cartera activa de más de 3,5 GW. La empresa ha demostrado su capacidad para estructurar, financiar y llevar a cabo proyectos complejos, apoyándose en equipos especializados en ingeniería, gestión de proyectos y cumplimiento normativo. Además, Sunco mantiene asociaciones sólidas con actores industriales y financieros de reconocido prestigio, lo que le permite asegurar sus proyectos a lo largo de todo su ciclo de vida. Su trayectoria en contextos competitivos similares refuerza su legitimidad y resiliencia en la ejecución del proyecto analizado.
Country risk
Risk of policy change
Mitigation methods
El sector de las energías renovables en Italia cuenta con un amplio respaldo político, impulsado por iniciativas gubernamentales orientadas a acelerar la transición energética. El país se ha comprometido a alcanzar la neutralidad de carbono para 2050, aumentando la proporción de energías renovables en su mix eléctrico y energético, que actualmente sigue estando fuertemente basado en combustibles fósiles. Están previstos importantes inversiones para modernizar las infraestructuras y la red eléctrica, con el fin de integrar más fuentes de energía verde, especialmente mediante proyectos de almacenamiento de energía e incentivos para las comunidades energéticas. En el ámbito del almacenamiento, la centralización de las decisiones y de los procedimientos de autorización permite una gestión más eficiente de los expedientes.
Development risk
Risk relating to authorizations issued to the company and land, and third-party appeals against authorizations issued.
Mitigation methods
Algunos de los proyectos ya están parcialmente desriesgados. Se han realizado estudios técnicos y medioambientales, que no han identificado elementos críticos relevantes. Los equipos de Sunco cuentan con una sólida experiencia y un alto nivel de especialización en el desarrollo de proyectos de energías renovables. La cartera presentada se encuentra en una fase intermedia de desarrollo, y todos los proyectos disponen ya de acuerdos de conexión a red asegurados.
Refinancing risk
Credit risk related to the company's ability to refinance and meet its debt obligations.
Mitigation methods
Sunco cuenta con una capacidad probada para estructurar financiación en proyectos similares. Se han previsto garantías en forma de prenda sobre las participaciones de las sociedades de proyecto. En caso de incumplimiento, estas garantías podrían ser ejecutadas, con una valoración superior al importe recaudado, lo que proporciona una cobertura eficaz para los inversores.
Risk of natural disaster
Risk of extreme weather conditions that could impact the profitability of the parks or even destroy them (storms, fires).
Mitigation methods
An in-depth study of the climatic risks specific to the region has been carried out by the project developer.
Investing in this participatory financing project involves risks, including the risk of total or partial loss of the capital invested. Your investment is not covered by the deposit guarantee schemes established in accordance with directive 2014/49/EU of the European Parliament and of the Council. Your investment is also not covered by the investor compensation schemes established in accordance with Directive 97/9/EC of the European Parliament and of the Council. Return on investment is not guaranteed. This is not a savings product, and we recommend that you not to invest more than 10% of your net assets in participatory finance projects. You may not be able to sell the investment instruments when you wish. If you are able to sell them, however, you may incur losses.
