Zelestra Secures 1.5 TWh Of Contracts To Date Under Italy's Energy Release 2.0 Mechanism

• Agreement with Burgo Group covers 950 GWh of renewable electricity supply
• Contracts support Zelestra’s plan to reach nearly 3 GW of renewable capacity in Italy by 2026

Zelestra, a global, multi-technology, customer-focused renewable energy company, has signed bilateral contracts under Italy’s Energy Release 2.0 mechanism for a total volume of 1.5 TWh, reinforcing its position as a key renewable energy partner to Italian industry.

Contracts have been signed with multiple industrial clients, including a long-term agreement with Burgo Group S.p.A., one of Europe’s leading producers of graphic and specialty papers, covering a total supply of 950 GWh.

The agreement will provide Burgo Group with access to renewable electricity under stable and predictable conditions, reducing exposure to wholesale market volatility while supporting the decarbonisation of its industrial operations.

Luca Sassoli, CEO Burgo Energia, said: “The agreement signed with Zelestra represents a strategic step in the energy transition journey of the Burgo Group. Thanks to stable supply conditions that are fully aligned with our industrial objectives, we will be able to reduce our exposure to market volatility and accelerate the decarbonisation of our production sites. Partnering with a strong and integrated player such as Zelestra reinforces our commitment to combining competitiveness, sustainability, and long-term development for the benefit of the entire value chain.”

Eliano Russo, CEO Zelestra Italy, said: “Energy Release 2.0 provides a concrete bridge between renewable deployment and industrial competitiveness. Our agreement with Burgo Group demonstrates how long-term, structured energy solutions can create value for industrial customers while enabling the development of new clean capacity in Italy.”

Energy Release 2.0, promoted by the Italian Agency for Energy Transition (GSE – Gestore dei Servizi Energetici), is designed to accelerate the deployment of new renewable capacity by linking industrial electricity demand with the development of new generation assets. The framework enables structured contracts that enhance revenue visibility for developers while strengthening competitiveness for energy-intensive industries.

Within this framework, Zelestra expects to support further solar capacity development in Italy over the coming years, in line with its growth strategy in one of the group’s fastest expanding markets.

Zelestra operates in Italy as an integrated platform across the development, construction and operation of large-scale renewable energy projects and continues to expand its multi-technology portfolio across solar and battery storage. The company aims to reach nearly 3 GW of total capacity in Italy by the end of 2026. By combining development capabilities with structured offtake solutions, Zelestra accelerates renewable deployment while delivering stable, competitive, long-term solutions to its customers.