Client:
Basalt
Date:
August 2025
Object of the assignment:
Financial Advisor to the Seller
With:
In July 2025, ValeCap acted as the exclusive financial advisor to Basalt Infrastructure Partners (“Basalt”) for the sale of a 61 MW operational solar photovoltaic (PV) portfolio (the “Portfolio”) to Green Utility S.p.A. (“Green Utility”).
The Portfolio comprises 66 fully operational solar plants primarily located across Puglia, Umbria, and Sicily.
Basalt is an independent infrastructure investment firm with a transatlantic focus on mid-market infrastructure opportunities and over USD 7 billion in assets under management.
Green Utility is a leading Italian solar PV platform specializing in distributed generation and self-consumption solutions for commercial and industrial clients. The company is controlled by InfraVia, a European private equity firm focused on infrastructure investments, managing approximately EUR 16 billion of assets.
ValeCap supported Basalt throughout the transaction, playing a leading role in:
- Portfolio valuation
- Investor selection process
- Negotiation of commercial terms
- Coordination of the due diligence phase
- Negotiation of transaction agreements
This transaction reinforces ValeCap’s advisory track record in the renewable energy sector and its continued role in facilitating investments in the Italian distributed generation market.