OX2 Acquires 200 MW / 800 MWh BESS Portfolio in Apulia, Italy from Hanwha Energy Europe

OX2 has acquired two standalone battery energy storage system projects of 100 MW / 400 MWh each in Apulia, southern Italy from Hanwha Energy Europe, totalling 200 MW / 800 MWh. Construction is expected to begin in Q2 2027 with commissioning targeted for late 2028. The acquisition adds to OX2's 1.5 GW Italian development portfolio.

Transaction date: · Source: ox2.com

Key facts

Transaction date
Capacity
200 MW
Transaction price
Not disclosed
Buyer
OX2
Country
Italy
Region
Apulia
Location
Apulia, southern Italy
Continent
Europe
Development status
Under Development
PPA
n.a.

Technology details

Two standalone battery energy storage system projects of 100 MW / 400 MWh each, totalling 200 MW / 800 MWh. Both located in the Apulia region, southern Italy. Construction expected to begin in Q2 2027 with commissioning targeted for late 2028.

Additional information

OX2 currently has 1.5 GW of projects under development in Italy across onshore wind, solar and energy storage. The acquisition marks an expansion of OX2's Italian BESS portfolio and is part of its continued growth in the Italian market.

Source

Original announcement: https://www.ox2.com/newsroom/press-releases-news/2026/ox2-acquires-200-mw-800-mwh-energy-storage-in-italy/

Related transactions

Explore more