Redelfi and WRM Group Partner to Develop Four Data Centers in Italy
Redelfi S.p.A has partnered with WRM Group to develop four data centers in Italy, focusing on the integration of battery energy storage systems to reduce energy costs and enhance grid stability. Redelfi will own 51% of the new joint venture, which includes compensation provisions tied to development milestones. This initiative marks Redelfi's entry into the data center sector, following a previous collaboration on standalone battery storage solutions.
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Italian energy company Redelfi S.p.A has entered a joint venture with WRM Group to develop four data centers in Italy. This partnership aims to enhance the integration of battery energy storage systems (BESS) with data centers, which can help reduce energy costs and improve grid stability.
The joint venture will establish a new entity under Italian law, with Redelfi owning 51% and managing the sites. The agreement includes provisions for compensation to Redelfi upon achieving specific development milestones for each project.
This marks Redelfi's first venture into the data center sector, following a prior collaboration with WRM Group's subsidiary Flash to create 'Bright Storage,' focused on standalone BESS. The global market for BESS is projected to reach $150 billion by 2030.
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