What Sunprime does

Sunprime is an Italian Independent Power Producer (IPP) founded in 2020 and headquartered in Milan, specializing in distributed solar photovoltaic generation and battery energy storage systems (BESS) for the Commercial & Industrial (C&I) segment. The company develops rooftop PV installations on industrial, commercial, and agricultural buildings (minimum 3,000 sqm) and ground-mounted plants on industrial land, former quarries, and non-productive agricultural areas, offering integrated asbestos removal and roof replacement at no cost to property owners. Sunprime operates a vertically integrated model covering the entire project lifecycle — origination, development, permitting, engineering, procurement, construction management, and O&M — delivered through a distributed hub structure across Milan, Cremona, Florence, Turin, and Salerno with 160+ professionals.

The company monetizes assets through a build-own-operate model, acquiring 30-year surface rights (diritto di superficie) from landowners, then generating long-term contracted revenue from GSE CfD tariffs (over 240 MW awarded through DMFER tenders), capacity market payments, private tolling agreements with utilities (Shell, BKW, Engie) for BESS, and emerging Renewable Energy Community (CER) revenues. As of 2025, Sunprime has 228 plants totaling 208.96 MW of installed capacity, with 250 MWp under construction, a target of 500 MWp solar and 250 MW BESS by end-2026, and a development pipeline exceeding 1 GWp solar and 1 GW BESS.

Sunprime is backed by Israeli institutional investors Noy Fund (~€3B AUM infrastructure fund) and Nofar Energy (TASE-listed, ~1.5 GW portfolio), with cumulative equity and project financing exceeding €950 million from European institutions including the European Investment Bank, Natixis CIB, KFW IPEX Bank, and NORD/LB. The company is the #1 operator in Italy by number of projects admitted to GSE DMFER incentives and ranks among the top 10 photovoltaic producers in the country.

Name

Sunprime

Legal name

Sunprime Holdings s.r.l.

Website

https://sunprime.it

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Short description

Sunprime is a Milan-based Independent Power Producer founded in 2020, developing distributed rooftop and ground-mounted solar PV plus battery energy storage for Italy's C&I segment under a build-own-operate model backed by Noy Fund and Nofar Energy.

Ownership category

akta.pro rank

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Photovoltaic Energy Generation - CfD Tariffs: Long-term contracted CfD (Contracts for Difference) tariffs from GSE (Gestore dei Servizi Energetici) for photovoltaic output. Over 240 MW of projects have won CfD tariffs through DMFER tenders. Revenue is contractually secured for the duration of support mechanisms.
2. BESS Revenue Streams: Capacity market payments and tolling agreements with utilities (Shell, BKW, Engie) for battery energy storage systems. Private offtake arrangements providing clearer revenue benchmarks for asset valuation and grid services.
3. Energy Communities (Comunità Energetiche): Growing number of plants made available to Renewable Energy Communities (CER), generating revenue through shared energy tariffs and premium national tariffs on shared energy.
4. Surface Rights and Property Acquisition: Acquisition of surface rights (diritto di superficie) for 30 years or property purchases from landowners, creating long-term asset control for project development.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Sunprime is an Italian Independent Power Producer that finances, develops, owns, and operates distributed solar photovoltaic plants and Battery Energy Storage Systems (BESS) for the Commercial & Industrial market. The company acquires 30-year surface rights from property owners of industrial and agricultural rooftops, ground-mounted land, and former quarries, then installs PV plants at zero upfront cost to the owner while generating revenue through CfD tariffs from GSE, PPAs, and capacity market/tolling agreements. Supporting services include asbestos removal, roof replacement, and Renewable Energy Communities (CER) participation.

Product overview

Sunprime is an Independent Power Producer offering integrated renewable energy solutions in Italy. The company's core product portfolio consists of photovoltaic (PV) plants deployed on industrial/commercial rooftops and ground-mounted installations, complemented by Battery Energy Storage Systems (BESS). Supporting services include asbestos removal and replacement, Energy Communities (CER) facilitation, and Power Purchase Agreements. The company operates on a build-own-operate model, acquiring 30-year surface rights from property owners while funding all installation and maintenance costs, effectively serving commercial and industrial (C&I) segments with no upfront investment required from clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Rooftop Photovoltaic (PV) Plants Solar photovoltaic installations developed, financed, owned, and operated by Sunprime on industrial and commercial rooftops (minimum ~3,000 sqm). Property owners receive 30-year guaranteed rental income from surface rights (diritto di superficie) at no upfront cost; Sunprime monetizes electricity output via CfD tariffs from GSE and PPAs.
• Ground-Mounted Photovoltaic (PV) Plants Ground-mounted solar PV installations developed on industrial land, former quarries, and unused agricultural areas (minimum 15,000 sqm), featuring single-axis trackers. Sunprime acquires 30-year surface rights or purchases the property outright, then operates the plant to generate electricity sold under CfD tariffs, PPAs, or to Energy Communities.
• Battery Energy Storage Systems (BESS) Battery Energy Storage Systems installed alongside PV plants and as standalone grid assets. BESS stores electricity from renewables and releases it during peak demand to stabilize the grid, maximize renewable utilization, and earn revenue through capacity market payments and tolling agreements with utilities (Shell, BKW, Engie).
• Integrated Asbestos Removal and Roof Replacement Service (Rimuovi l'Amianto) Complete asbestos (Eternit) abatement, disposal, and new roof construction performed at no cost to the property owner as part of Sunprime's rooftop PV solution, unlocking previously unusable industrial buildings for solar deployment and providing regulatory compliance.
• Energy Communities (Comunità Energetiche / CER)
• Power Purchase Agreement (PPA) for Energy-Intensive Enterprises Long-term energy supply contracts at preferential rates for energy-intensive enterprises (above 100,000 kWh/year), providing direct access to renewable electricity from Sunprime's PV plants, reducing exposure to market price volatility and supporting sustainability targets.

Quantifiable outcome

• Over 240 MW of projects awarded CfD tariffs from GSE DMFER incentives
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered major and core.

• ShellmajorChannel Partner/ Reseller/ Distributor · 1 September 2025Major energy company entering tolling agreement with Sunprime for private BESS offtake, securing capacity market revenues and grid services from battery storage installations. Part of Italy's emerging private BESS offtake market.
• BKWmajorChannel Partner/ Reseller/ Distributor · 1 September 2025Swiss energy group with Italian operations entering tolling agreement with Sunprime for private BESS offtake, utilizing battery storage capacity for grid services.
• EngiemajorChannel Partner/ Reseller/ Distributor · 1 September 2025French multinational energy company entering tolling agreement with Sunprime for private BESS offtake as part of Italy's battery storage market development.
• TernacoreOthersItaly's transmission system operator (TSO) responsible for approving grid connections for Sunprime's renewable energy and BESS projects. Conducts grid connection assessments and approvals for projects across Italian territory.
• AirengymajorStrategic or Co-development PartnerIsrael-based energy company in joint venture with Yehuda Levi Group developing a 500MW/3GWh BESS project in Brindisi. Associated with Sunprime in Project Sophocles ecosystem for Italian solar-storage development.

Scale indicators31 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sonnedix: Global solar Independent Power Producer with significant European portfolio including Italy; competes directly with Sunprime for C&I and utility-scale rooftop/ground-mounted solar development and ownership, with similar build-own-operate model.
• EF Solare Italia: Italy's largest solar IPP with a 1+ GW portfolio of ground-mounted and rooftop PV plants; the most direct domestic competitor to Sunprime for GSE incentive projects, M&A opportunities, and Italian PPA customers.
• Audax Renovables: European renewable energy IPP and energy retailer active in C&I solar across Iberia, Italy, and other European markets; comparable business model combining distributed generation with energy supply to commercial customers.

Broad incumbents

• A2A: Italian multi-utility with significant renewable energy generation (solar, wind, hydro) and BESS development pipeline; competes for Italian renewable assets, grid-scale storage opportunities, and C&I customers in Italy.
• Edison: Italian integrated energy operator with growing renewable generation portfolio and BESS investments; comparable in targeting Italian C&I customers and grid-scale storage opportunities.
• Eni Plenitude: Italian integrated energy company and major renewable energy developer/operator; competes with Sunprime for utility-scale solar and BESS development in Italy and for C&I PPA customers, with greater balance sheet capacity but less specialization.
• BayWa r.e. German-headquartered global renewable energy developer, IPP, and EPC with extensive C&I and utility-scale solar projects across Europe; competes with Sunprime for project opportunities, customers, and capital in the Italian and broader European market.
• RWE Renewables: German utility with significant Italian and European solar/BESS operations; comparable scale, project finance capacity, and BESS utility offtake relationships, but with broader geographic and technology exposure.

Emerging players

• Opdenergy: European renewable energy developer with operations in Italy, Spain, and the US; comparable as a C&I and utility-scale solar IPP pursuing build-own-operate model across Southern Europe, including Italian BESS development.
• Nofar Energy: Israeli-listed renewable energy company (TASE: NOFR) with ~1.5 GW of activities in Europe and the US; Sunprime's equity investor and a peer as a C&I/utility-scale solar developer operating across Europe, including directly in Italy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/sunprime.fotovoltaico
• LinkedInlinkedin.com/company/42941022
• Instagraminstagram.com/sunprime.it

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunprime