Article

Enfinity Global has signed a 420 MW power purchase agreement with Microsoft, marking the largest PPA in Italy and Europe in the past year, excluding intra-group agreements. This deal supports Microsoft's €4 billion investment plan in Italy, primarily in Lombardy, and is expected to create approximately 3,500 jobs during development and 150 long-term positions. The renewable energy projects will mainly be located in Lazio and Emilia-Romagna, with the PPA likely being virtual due to the distance between production and consumption.