What did ContourGlobal acquire in Italy?

ContourGlobal has acquired battery energy storage systems in Italy with a combined power capacity of around 1.6 gigawatts.

Why is the acquisition significant?

The battery projects will position ContourGlobal for the first Italian auction in September, aimed at enhancing the use of renewable energy.

What is the expected growth of battery storage capacity in Europe?

Europe's battery storage capacity is expected to grow around five-fold by 2030, providing increasing returns for energy companies.

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Home > Headlines > KKR-backed ContourGlobal acquires energy storage projects in Italy

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KKR-backed ContourGlobal acquires energy storage projects in Italy

Published by Global Banking & Finance Review®

Posted on July 3, 2025

1 min read

Last updated: January 23, 2026

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KKR-backed ContourGlobal acquires energy storage projects in Italy

Quick Summary

ContourGlobal Expands in Italy with New Energy Storage Acquisitions

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