Italy’s Falck Renewables announced on Tuesday that it will change its brand name to Renantis to mark a new chapter as it goes forward under new owners.
The renewable developer was acquired earlier this year by Green Bidco, an affiliate of Infrastructure Investments Fund (IIF), itself a vehicle advised by JP Morgan Investment Management. Later in May, Green Bidco delisted Falck Renewables from the Italian Stock Exchange.
Renantis is an abstract word inspired by the Latin word “renovare”, or renew. The visual identity has been refreshed to employ colours and designs that are warm and close to nature, the company said.
The purpose of Renantis now reads: “To build a better future for all, by powering people’s everyday life with care”.
“In evolving to Renantis, we will build on the Falck Renewables legacy as a leading player in the global energy transition, renewing our commitment to creating a better future for all,” commented CEO Toni Volpe.
The soon-to-be Renantis inherits from Falck Renewables 1,420 MW of combined capacity across wind and solar farms, waste-to-energy and biomass-based plants and energy storage projects. The sites are located in Italy, Spain, France, Norway, Sweden, the UK and the US.
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