Tozzi Green S.P.A.
Tozzi Green is a privately held Italian renewable energy company that develops, builds, and operates wind, photovoltaic, hydroelectric, biomass, and agrivoltaic plants; delivers O&M and asset management services; and runs a rural electrification and sustainable agriculture business through subsidiaries in Italy and Madagascar.
- Company typePrivate
- Founded2003
- HeadquartersRavenna, Italy
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Tozzi Green S.P.A. does
Tozzi Green S.P.A. is a privately held Italian renewable energy company founded in 2003, headquartered in Mezzano (Ravenna), with 251-500 employees and operations spanning Italy, Madagascar, and (until October 2024) South America. The company runs a vertically integrated business across the full renewable energy value chain, including Development & Construction of wind, photovoltaic, hydroelectric, and biomass/biogas plants, plus Asset Management and O&M services for both its own fleet and third-party operators. A distinctive agrivoltaics line combines solar generation with continued agricultural activity on the same land (e.g., 99.42 MW Cerignola, 34.6 MW Sant'Alberto di Ravenna grazing meadow), and a Rural Electrification segment deploys proprietary off-grid Solar Home Systems with >50% efficiency gains vs. prior generations — historically serving over 222,000 households in Peru.
Revenue streams include one-time EPC project development, recurring managed services (asset management and O&M), hardware procurement, and agricultural product sales from the Madagascar subsidiary JTF (which cultivates maize, soy, geraniums, spices, and eucalyptus across 6,731.5 hectares of reclaimed land and supplies the UN World Food Programme and local poultry feed companies). Customer segments span enterprise energy producers and institutional investors (Italy/Europe), government and development organizations (rural electrification), and agricultural buyers. The GTM model is direct B2B enterprise sales plus competitive bid wins in regulated energy auctions (Italian GSE); revenue is quote-based and contractually anchored on multi-year deals, with individual project investment values ranging from €42.5M to €116M for wind farms.
The business is in active strategic transition following the October 2024 divestiture of Latin American operations and a major capital deployment program targeting 500 MW of renewable capacity by 2030, financed through successive multi-bank debt facilities (Natixis CIB, BNL BNP Paribas, MPS, BCC ICCREA, Banca Popolare di Sondrio) and supported by a 2019 inaugural US$222M Green Bond. Family-controlled (Tozzi family, with Andrea Tozzi as CEO), ISO 9001/14001/45001 certified, and CSRD/ESRS-aligned for sustainability reporting. The company has also been subject to an October 2023 OECD National Contact Point petition from three NGOs regarding Madagascar operations, which remains a material governance consideration.
Tozzi Green S.P.A. firmographics
Firmographics- Name
- Tozzi Green S.P.A.
- Legal name
- TOZZI GREEN S.P.A.
- Website
- https://tozzigreen.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Tozzi Green is a privately held Italian renewable energy company that develops, builds, and operates wind, photovoltaic, hydroelectric, biomass, and agrivoltaic plants; delivers O&M and asset management services; and runs a rural electrification and sustainable agriculture business through subsidiaries in Italy and Madagascar.
- Ownership category
- akta.pro rank
Tozzi Green S.P.A. industry classification
Industry- Product category
- Renewable Energy Services
- NAICS
- Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)
- akta.pro secondary industries
- Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE), Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF), Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
Keywords
Where Tozzi Green S.P.A. is headquartered
LocationHeadquarters
- HQ city
- Ravenna
- HQ country
- Italy
- HQ region
- Europe
Offices10 records
Markets served
Tozzi Green S.P.A. business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure
Revenue model
- Renewable Energy Development & Construction: Develops and constructs renewable energy plants (wind farms, biomass/biogas, hydroelectric, photovoltaic) managing the entire process from feasibility to commissioning. Assets are built for the company's own portfolio as well as for investors.
- Asset Management Services: Comprehensive asset management for renewable energy plants including administrative, regulatory, fiscal and environmental obligations management, maximizing technical and economic performance.
- O&M Services: Complete operation and maintenance services for small and large renewable energy plants including routine maintenance, special maintenance, remote monitoring, spare parts procurement and full service maintenance.
- Agricultural Production and Sales: Agricultural activities in Madagascar producing industrial crops (geraniums, spices, eucalyptus) and food crops (maize, soy beans). 100% sold to domestic market including local poultry feed companies and UN World Food Programme.
- Procurement Services: Supply of system components for electricity generation from renewable sources including photovoltaic modules, inverters, support structures, wind turbines, cables, transformers and SCADA systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Enterprise renewable energy project development and construction |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Tozzi Green S.P.A. product offering
Product offeringCore offering
Tozzi Green develops, constructs, and operates renewable energy plants (wind farms, photovoltaic, hydroelectric, biomass/biogas) managing the full lifecycle from feasibility through commissioning. The company also provides asset management, O&M services, rural electrification via off-grid solar home systems in developing countries, and sustainable agricultural production in Madagascar through subsidiary JTF.
Product overview
Tozzi Green S.P.A. is a renewable energy company offering an integrated portfolio of products and services spanning the entire renewable energy value chain. The core offerings include Rural Electrification (off-grid Solar Home Systems and micro-grids for developing countries), Development & Construction of wind, solar, hydro, and biomass plants, Operation & Maintenance (O&M) services, and Asset Management. The company also operates Agrivoltaics projects combining solar energy production with agricultural activities, and Sustainable Agriculture through its Madagascar subsidiary. Supporting services include Procurement (supplier qualification system), Innovation (Open Innovation with university partnerships), and the Tozzi Green Book educational publishing initiative. The company manages plants from development through construction, operation, and asset management, serving both Italian/European markets and developing countries.
Differentiator
Problem solved
Functional benefit
Brands
- JTF: Agricultural subsidiary operating in Madagascar's Ihorombe region, involved in crop cultivation and reforestation.
- Ergon
- Rugby Academy Ihorombe
Products and services
- Development & Construction Complete management of renewable energy plant development including wind farms, biomass and biogas plants, hydroelectric power plants, and photovoltaic plants of small, medium and large size, from feasibility assessment through construction and commissioning.
- Operation & Maintenance (O&M) Complete O&M service for renewable energy plants including routine maintenance, special maintenance, remote monitoring and operation, telecommunications, spare parts procurement, and full service maintenance for photovoltaic, hydroelectric, small wind turbines, wind BoP, and biogas plants.
- Asset Management Comprehensive asset management services covering administrative, regulatory, fiscal and environmental obligations related to renewable energy plant operation, including maximizing technical and economic performance and risk management.
- Rural Electrification Development of autonomous, scalable, and reliable energy solutions for areas where national power grid is absent, unreliable, or too distant, including off-grid photovoltaic systems with storage (Solar Home Systems) and micro-grids. Over 222,000 systems installed in Peru bringing electricity to nearly 1 million people.
- Agrivoltaics Agricultural-photovoltaic systems combining panel installation with continued agricultural activities, integrating renewable energy sources with sustainable land use and biodiversity protection. Includes Photovoltaic Grazing Meadow (34.6 MW in Sant'Alberto di Ravenna) and Agrovoltaic Park (99.42 MW in Cerignola San Giovanni in Fonte).
- Sustainable Agriculture Agricultural activities in Madagascar including cultivation of industrial crops (geraniums, spices, eucalyptus), maize and soybeans, along with reforestation projects. Activities reclaim degraded land and promote biodiversity through crop rotation and sustainable farming techniques on 6,731.5 hectares.
- Procurement Supplier qualification and procurement services for the renewable energy supply chain including material goods, contracting, services, support services, and consultants, based on technical, economic/financial, environmental, safety, and ethical requirements.
Quantifiable outcome
- 222,000 Solar Home Systems installed serving nearly 1 million people
- +4 more outcomes
Companies that use Tozzi Green S.P.A.
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Tozzi Green S.P.A. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Tozzi Green S.P.A. partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- DHITECH High-Tech Technological DistrictcoreAssociation since 2013 focused on research and development of photovoltaic panels with dye-sensitised solar cell (DSSC) technology. Aims to maintain active network and synergies with companies and innovation/research centers in the Apulia region.
- Clust-ER Greentech Energy and SustainabilitycoreRegional association in Emilia Romagna of companies, research centers and training organizations focused on renewable energy and hydrogen production. Enables participation in regional development strategies, research projects, and provides scientific/business updates.
- ART-ER Attractiveness Research TerritoryminorSince 2018, participating in mentoring activities and startup calls to promote open innovation within the company and support young sustainable development companies.
- CNR-INM (Institute of Marine Engineering)minorCollaboration from the Hexafloat project in the Bay of Naples resulting in delivery of a 10 kW small wind turbine - first prototype floating wind turbine in the Mediterranean Sea.
- CNR-ITAE (Institute for Advanced Energy Technologies)coreCollaboration focused on sustainable mobility and electricity storage using batteries and hydrogen. Second hydrogen station in Italy installed in Capo d'Orlando; first hydrogen bicycle prototypes built.
- IIT (Italian Institute of Technology)minorIn 2022, invested in startup developing innovative sustainable plastic-free packaging. Collaboration to implement technical specifications of IUV's products.
- UNIBO (University of Bologna)minorCollaboration with Department of Electrical, Electronic and Information Engineering supporting thesis and internship projects on renewable energy production, micro-grid design, and storage systems.
- UNIFI (University of Florence)coreSince 2009, collaboration with Department of Agri-Food Sciences and Production on energy projects improving soil characteristics. Focus on plant varieties for difficult climates and agrivoltaic system development.
- Politecnico of BariminorCollaboration on evaluation and selection of plant species compatible with agrivoltaic projects in Apulia region, including hydrogen production projects for sustainable mobility.
- Terres en MêléesminorNGO collaboration for Rugby & Reforestation initiative in Madagascar. Organized special day where 60 young athletes from Rugby Academy Ihorombe planted 3,650 trees.
- Madagascar Biodiversity Center (MBC)minorCollaboration for biodiversity monitoring - arthropod (ant) populations monitored as indicator of biodiversity in agricultural areas.
- UniEurominorThree-year agreement on electricity price hedging with major Italian electronics retailer.
- Asja AmbienteminorFinalized acquisition of 2 wind farms in Sicily with total capacity of 17.6 MW in July 2021.
- GSE (Gestore Servizi Energetici)coreWon GSE auction for wind farm construction, including 10 MW wind farm at Mazzarino, Sicily.
Scale indicators21 records
Recent moves7 records
Expansion highlights5 records
Tozzi Green S.P.A. competitors and assessment
Company assessmentDirect peers
- Falck Renewables (Axpo): European renewable energy IPP/developer (formerly listed in Milan, now part of Axpo). Comparable multi-technology wind/solar/biomass platform with strong Italian presence; acquired by Axpo in 2023, illustrating typical exit pathway for mid-sized IPPs.
- Alerion Clean Power: Italy-focused wind energy IPP listed on Borsa Italiana. Comparable in scale and pure-play onshore wind exposure; competes with Tozzi Green for GSE allocations and Italian wind development pipeline.
- ERG S.p.A. Italian-listed independent power producer focused on wind and solar generation across Italy and Europe. Closest listed comparable to Tozzi Green's onshore wind/solar IPP business, with similar vertical integration into O&M and asset management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tozzi Green S.P.A. social profiles
Digital presenceTozzi Green S.P.A. compliance and trust
Trust signalCompliance4 records
Tozzi Green S.P.A. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tozzi Green S.P.A. leadership team
Management profileNumber of profiles
Profiles1 record
Tozzi Green S.P.A. subsidiaries and ownership
Company hierarchySubsidiaries5 records
Tozzi Green S.P.A. funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tozzi Green S.P.A. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tozzi Green S.P.A.
What does Tozzi Green S.P.A. do?
Tozzi Green develops, constructs, and operates renewable energy plants (wind farms, photovoltaic, hydroelectric, biomass/biogas) managing the full lifecycle from feasibility through commissioning. The company also provides asset management, O&M services, rural electrification via off-grid solar home systems in developing countries, and sustainable agricultural production in Madagascar through subsidiary JTF.
Is Tozzi Green S.P.A. a public or private company?
Tozzi Green S.P.A. is a private company. It is classified as family owned and is currently operating.
When was Tozzi Green S.P.A. founded?
Tozzi Green S.P.A. was founded in 2003. It employs 251 to 500 people.
Where is Tozzi Green S.P.A. based?
Tozzi Green S.P.A. is headquartered in Ravenna, Italy, in the Europe region.
How does Tozzi Green S.P.A. make money?
Five revenue lines are on record. Renewable Energy Development & Construction is the primary driver. The others are asset Management Services, O&M Services, agricultural Production and Sales and procurement Services.
Who are Tozzi Green S.P.A.'s main competitors?
Direct peers on record are Falck Renewables (Axpo), Alerion Clean Power and ERG S.p.A..
Does Tozzi Green S.P.A. have an API?
No public API is recorded for Tozzi Green S.P.A..
What industry is Tozzi Green S.P.A. in?
Tozzi Green S.P.A.'s product category is Renewable Energy Services. Its primary akta.pro industry code is EUACAFAA, Onshore Wind Power Generation (Utility-Scale), with a secondary code of EUACAFAE, Wind Farm Development & Permitting (Greenfield/Brownfield). Its NAICS code is 221115 and its SIC code is 4991.