Zelestra has strengthened its position in Italy’s industrial energy market after securing bilateral agreements totalling 1.5 TWh under the Energy Release 2.0 framework. The development reflects the company’s growing footprint in renewable energy contracts, as it continues to align long-term supply arrangements with industrial demand across the country.
The company has finalised agreements with multiple industrial customers, including a long-term contract with Burgo Group S.p.A., one of Europe’s leading producers of graphic and specialty papers. The deal covers 950 GWh of renewable electricity supply and is structured to ensure stable and predictable pricing conditions. This approach is expected to reduce Burgo Group’s exposure to wholesale market volatility while supporting its decarbonisation efforts across production facilities.
Energy Release 2.0, introduced by the Italian Agency for Energy Transition (GSE – Gestore dei Servizi Energetici), is designed to accelerate renewable deployment by linking industrial electricity demand with the development of new generation capacity. The framework enables structured, long-term agreements that enhance revenue visibility for developers while improving competitiveness for energy-intensive industries. Within this system, Zelestra continues to expand its portfolio of renewable energy contracts, supporting both industrial stability and clean energy growth.
Luca Sassoli, CEO Burgo Energia, said: “The agreement signed with Zelestra represents a strategic step in the energy transition journey of the Burgo Group. Thanks to stable supply conditions that are fully aligned with our industrial objectives, we will be able to reduce our exposure to market volatility and accelerate the decarbonisation of our production sites. Partnering with a strong and integrated player such as Zelestra reinforces our commitment to combining competitiveness, sustainability, and long-term development for the benefit of the entire value chain.”
Eliano Russo, CEO Zelestra Italy, said: “Energy Release 2.0 provides a concrete bridge between renewable deployment and industrial competitiveness. Our agreement with Burgo Group demonstrates how long-term, structured energy solutions can create value for industrial customers while enabling the development of new clean capacity in Italy.”
Zelestra operates in Italy as an integrated platform spanning development, construction and operation of large-scale renewable projects, while continuing to scale its solar and battery storage portfolio. The company is targeting nearly 3 GW of total capacity in Italy by the end of 2026, aligning its expansion strategy with structured offtake solutions and long-term industrial demand.