UNDO Group takes another significant step forward in its growth journey.
📈 The acquisition of Project “Stone” has now been successfully completed. The transaction includes a portfolio of photovoltaic assets totaling approximately 50 MW, comprising both operational plants and projects currently under development across Italy.
⚡ This acquisition further strengthens UNDO Group’s position as an integrated industrial player in the renewable energy sector. A significant portion of the portfolio will also be equipped with Battery Energy Storage Systems (BESS), enhancing the flexibility of the assets while supporting grid stability and facilitating the integration of renewable energy sources.
💬 “Project ‘Stone’ enables us to expand both through revenue-generating assets already in operation and through development-stage projects, where we will leverage the expertise and know-how we have built across the entire renewable energy value chain,” said Umberto Deodati, CEO of UNDO Group.
🤝 The transaction involved a team of leading advisors. ADVANT Nctm acted as legal advisor to UNDO Group, BIT Official S.p.A. served as technical advisor, and L&B Partners Avvocati Associati acted as tax advisor. Alpi Capital was advised by Green Horse Advisory on legal matters and by Green Horse Financial Advisory together with Studio Commerciale Bettoni Mameli on financial matters.
📰 The strategic importance of Project “Stone” has also been recognized by major national media outlets, with dedicated coverage published by Milano Finanza, Adnkronos, Il Tempo, and La Gazzetta del Mezzogiorno, highlighting the significance of the transaction for Italy’s renewable energy sector.
🌱 This new milestone further reinforces UNDO Group’s long-term growth strategy and its commitment to driving the energy transition through sustainable, long-term industrial investments.

