Italy News

Mergers & Acquisitions

Iberdrola acquires 40 MW Italian wind plant from Belenergia and RGREEN Invest

Iberdrola has agreed to acquire a 40 MW wind power plant in Basilicata, Italy, from Belenergia and RGREEN Invest. The asset, commissioned in 2018 with a long-term incentive scheme, adds to Iberdrola's growing portfolio in Italy, which now includes approximately 450 MW of installed renewable capacity including the 243 MW Fenix solar project.

2 weeks ago • Italy

Railways & Metro

Siemens Mobility expands European signaling and diagnostics footprint through acquisition of MERMEC Group units

Siemens Mobility has reached an agreement to acquire the primary signaling, electrification, and diagnostics divisions of Italy’s MERMEC Group. The deal, involving businesses with approximately 430 million EUR in revenue, is designed to integrate advanced diagnostic vehicle technology into Siemens' global rail infrastructure portfolio.

2 weeks ago • Germany;Italy

Mergers & Acquisitions

ABB strengthens powertrain vertical with 80 million EUR acquisition of Specialtrasfo

ABB has agreed to acquire Italian specialized transformer manufacturer Specialtrasfo S.p.A. to vertically integrate its high-power motion portfolio. The deal, expected to close in Q3 2026, secures critical supply chain components for converters and rectifiers amid soaring global demand for industrial electrification and data center infrastructure.

2 weeks ago • Italy;Switzerland

Mergers & Acquisitions

Angelini Pharma to acquire Catalyst Pharmaceuticals in $4.1bn rare disease expansion deal

Angelini Pharma has agreed to acquire Catalyst Pharmaceuticals for $31.50 per share in cash, representing a total equity value of approximately $4.1 billion, a 21% premium to the unaffected share price. The deal adds rare neuromuscular drugs FIRDAPSE, AGAMREE, and FYCOMPA to Angelini’s brain health portfolio.

3 weeks ago • Italy;United States

Engineering & EPC

Saipem secures €700 million EPC contract for Eni-Q8 biorefinery project in Sicily

Saipem has been awarded a €700 million contract to construct a biorefinery in Priolo, Sicily, for Eni Industrial Evolution. The facility, slated for completion by 2028, will produce 500,000 tonnes of Sustainable Aviation Fuel and renewable diesel annually, bolstering Italy's position in the European energy transition.

1 month ago • Italy

Ports & Shipping

Fincantieri to build three LNG-Powered cruise ships for Princess Cruises in €5 billion-plus Deal

Fincantieri has signed an agreement with Princess Cruises to construct three 183,000-gross-ton LNG-fueled Voyager-class vessels, with deliveries scheduled for 2035, 2038, and 2039 at the Monfalcone shipyard.

1 month ago • Italy;United States

Investments & Funding

EIB and Societe Generale provide €153m for Sicily's 137 MW sand solar project

The EIB and Societe Generale have signed a €153 million financing package for the 137 MW Sand Solar photovoltaic plant in Sicily. The project, developed by Peridot Solar, will generate 256 GWh annually and aligns with Italy's 2030 energy and climate plan.

2 months ago • Italy