Viridis Energia
Viridis Energia is an Italian integrated renewable energy operator that develops, constructs, and manages utility-scale photovoltaic, biogas, and wind plants, selling energy via PPAs to corporate buyers and developed portfolios to institutional investors; a subsidiary of FNM Group since 2024.
- Company typePrivate
- Founded2010
- HeadquartersMilan, Italy
- Headcount11–50
- GTM typeB2B
- OfferingServices
Viridis Energia firmographics
Firmographics- Name
- Viridis Energia
- Legal name
- Viridis Energia S.r.l.
- Website
- https://viridisenergia.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Viridis Energia is an Italian integrated renewable energy operator that develops, constructs, and manages utility-scale photovoltaic, biogas, and wind plants, selling energy via PPAs to corporate buyers and developed portfolios to institutional investors; a subsidiary of FNM Group since 2024.
- Ownership category
- akta.pro rank
Viridis Energia industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Electric Power Generation (22111), Solar Electric Power Generation (221114), Biomass Electric Power Generation (221117)
- SIC
- Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)
- akta.pro secondary industries
- Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Commissioning, Testing & Field Services for Interconnection (Energization, Acceptance Tests) (EUAMAIAJ), Field Services & Repair (Troubleshooting, Corrective Maintenance, Parts Replacement) (EUAMAGAE)
Keywords
Where Viridis Energia is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices2 records
Markets served
Viridis Energia business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Energy Sales via PPA: Viridis sells electricity produced by its plants on the electricity market through multi-year Power Purchase Agreements (PPAs) with primary energy traders. Revenue is generated from the sale of renewable energy with associated guarantees of origin.
- Plant Development and Construction: Greenfield development of new renewable plants from site identification through authorization and construction. Plants may be retained in portfolio or sold to institutional investors after commissioning.
- Brownfield Acquisition and Optimization: Acquisition of existing operating plants, implementation of revamping/repowering improvements to increase performance and value, and subsequent sale or retention in portfolio.
- Digestate Sales: Sale of digestate (solid and liquid) produced from biogas plants as organic fertilizer for agricultural use.
- Biomass Collection Services: Collection and utilization of agricultural, vegetable, and livestock byproducts from agri-food companies for biogas production.
- Operation and Maintenance (O&M): 24/7 monitoring and management of renewable energy plants including commissioning, performance reporting, and HSE compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Land lease for photovoltaic development |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
Viridis Energia product offering
Product offeringCore offering
Viridis Energia is an integrated renewable energy operator that develops, constructs, and manages utility-scale photovoltaic, biogas, and wind power plants in Italy under the VRD, VBIO, and VRE brands. The company sells electricity produced by its plants to corporate buyers and primary energy traders through multi-year Power Purchase Agreements (PPAs) and provides 24/7 Operation & Maintenance (O&M) services. It also acquires land for PV development directly from landowners, develops agrivoltaic and biomethane projects, and commercializes digestate biofertilizer and agro-food waste collection.
Product overview
Viridis Energia is an integrated renewable energy operator that develops, constructs, and manages utility-scale renewable energy plants across Italy. The company's product portfolio centers on three core renewable energy sources: photovoltaic (PV) plants under the VRD/VRE brand portfolio, biogas/bioenergy plants under the VBIO brand, and wind power generation. Beyond plant ownership and operation, Viridis offers integrated services including Power Purchase Agreements (PPA) for corporate energy buyers, Operation & Maintenance (O&M) with 24/7 monitoring, co-development partnerships, and brownfield acquisition with revamping/repowering. The company also commercializes biogas byproducts including digestato biofertilizer and collects agro-food waste as feedstock. Following 2024 merger with VEAM and incorporation into the FNM Group, Viridis is expanding into agrivoltaic systems and biomethane production. The company operates across the full project lifecycle from site selection and permitting through construction (EPC) to long-term asset management.
Differentiator
Problem solved
Functional benefit
Products and services
- Photovoltaic Plants (Portfolio VRD) Utility-scale photovoltaic solar power plants developed, constructed, and managed by Viridis Energia across Italy. The VRD/VRE portfolio includes both brownfield acquisitions with revamping and repowering and greenfield developments, located across Emilia Romagna, Marche, Veneto, Lombardia, Lazio, Abruzzo, Umbria, and other regions.
- Biogas Plants (Portfolio VBIO) Agricultural biogas production facilities utilizing anaerobic digestion of organic matter including agricultural waste, food industry byproducts, and livestock effluent. VBIO plants produce biogas for electricity generation with potential for biomethane conversion for grid injection.
- Wind Plants Wind power generation facilities developed and managed by Viridis Energia as part of the company's diversified renewable energy strategy, positioned as a fundamental component for sustainable energy production.
- Power Purchase Agreement (PPA) Long-term contracts for the purchase of renewable energy offered to corporate customers. Viridis Energia structures and finances PPA arrangements with primary energy traders, providing businesses with stable renewable energy supply at competitive prices along with guarantees of origin.
- Operation & Maintenance (O&M) Comprehensive operational management of renewable energy plants including 24/7 monitoring from control rooms, commissioning, preventive and corrective maintenance, performance reporting (monthly and annual), and HSE compliance, covering photovoltaic and biogas facilities with a multidisciplinary professional team.
- Agrivoltaic Systems
Quantifiable outcome
- Over 50 million kWh annual renewable energy generation
- +3 more outcomes
Companies that use Viridis Energia
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Viridis Energia technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Viridis Energia partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered strategic, minor and core.
- ESPE S.p.A.strategicEPC contractor specializing in photovoltaic plants and owner of technology brand for small wind turbines and biomass cogenerators. Hosted joint institutional visit to Montagnana photovoltaic plant in June 2025.
- TreedomminorEnvironmental partnership through Treedom platform for tree planting. Viridis Forest absorbs 695 kg of CO2. Each tree is part of a project generating environmental, social, and economic benefits through collaboration with NGOs and local communities.
- Echidna SpacoreJoint venture partner in founding Viridis Energia Srl in June 2010, along with La.Gi. Energia 2006 Srl, with the ambitious goal of becoming a primary renewable energy operator.
- La.Gi. Energia 2006 SrlcoreJoint venture partner in founding Viridis Energia Srl in June 2010, along with Echidna Spa, with the ambitious goal of becoming a primary renewable energy operator.
- Siemens SpAcoreEPC contractor that completed three tranches of photovoltaic plant construction: 5 plants (5.0 MWp) in 2010, 7 plants (14.0 MWp) in 2011, and 3 plants (3.0 MWp) in 2011, totaling 22.0 MWp.
Scale indicators13 records
Recent moves9 records
Expansion highlights5 records
Viridis Energia competitors and assessment
Company assessmentDirect peers
- Lightsource bp: Global utility-scale solar developer and long-term asset owner with active operations in Italy combining greenfield development, EPC orchestration and PPA structuring. Directly comparable business model to Viridis's integrated renewable operator approach.
- Sonnedix: Global solar independent power producer operating a multi-GW portfolio across multiple European markets including Italy. Comparable to Viridis as a pure-play PV IPP with active secondary-market acquisition and developer activity in Italian regions.
- EF Solare Italia: Italy's largest photovoltaic operator, owning and managing a portfolio of utility-scale PV plants under a developer-asset manager model across the country. Directly comparable to Viridis in core activity (PV generation, O&M, asset management) but at substantially larger scale, making it the closest direct Italian PV IPP peer.
- Cubico Sustainable Investments: Global investor and operator of renewable energy infrastructure (wind, solar, hydro) with active Italian portfolio transactions. Comparable as a renewable infrastructure asset acquirer and developer, often participating in secondary-market deals where Viridis operates as a seller.
Regional players
- Alperia: South Tyrol-based Italian multi-utility with significant renewable generation (hydro, solar, biomass) and energy services. Comparable as an Italian renewable operator but anchored in its regional Alpine territory with hydro as the dominant source.
- Iren Energia: Italian regional multi-utility with a growing renewable generation portfolio (PV, hydroelectric, biogas) primarily across northern Italian regions. Comparable as a regional renewable operator serving corporate PPA buyers and pursuing greenfield development.
Broad incumbents
- Edison: Major Italian electric utility with growing renewable generation portfolio spanning PV, wind, biogas and biomass. Comparable in renewable asset ownership and PPA structuring in Italy, but with substantial legacy thermoelectric and gas operations.
- Engie Italia: Italian subsidiary of Engie, the global energy utility, with a renewable generation portfolio including PV, wind and biomass plants. Comparable in diversified renewable operations and PPA sales, but operating as a broader incumbent across multiple energy verticals.
- EDP Renewables Italia: Italian arm of EDP Renováveis, one of the world's largest wind and solar operators. Overlaps with Viridis on utility-scale PV and wind development plus PPA off-take in Italy, but operates as a broad incumbent with a much larger global portfolio.
- RWE Renewables Italia: Italian operations of RWE, one of Europe's largest renewable energy developers, with a significant Italian wind and solar portfolio. Comparable as a major utility-scale renewable operator in Italy pursuing greenfield development and corporate PPAs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Viridis Energia social profiles
Digital presenceViridis Energia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Viridis Energia leadership team
Management profileNumber of profiles
Profiles13 records
Viridis Energia subsidiaries and ownership
Company hierarchySubsidiaries5 records
Viridis Energia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Viridis Energia 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 Viridis Energia
What does Viridis Energia do?
Viridis Energia is an integrated renewable energy operator that develops, constructs, and manages utility-scale photovoltaic, biogas, and wind power plants in Italy under the VRD, VBIO, and VRE brands. The company sells electricity produced by its plants to corporate buyers and primary energy traders through multi-year Power Purchase Agreements (PPAs) and provides 24/7 Operation & Maintenance (O&M) services. It also acquires land for PV development directly from landowners, develops agrivoltaic and biomethane projects, and commercializes digestate biofertilizer and agro-food waste collection.
Is Viridis Energia a public or private company?
Viridis Energia is a private company. It is classified as corporate owned and is currently operating.
When was Viridis Energia founded?
Viridis Energia was founded in 2010. It employs 11 to 50 people.
Where is Viridis Energia based?
Viridis Energia is headquartered in Milan, Italy, in the Europe region.
How does Viridis Energia make money?
Six revenue lines are on record. Energy Sales via PPA is the primary driver. The others are plant Development and Construction, brownfield Acquisition and Optimization, digestate Sales, biomass Collection Services and operation and Maintenance (O&M).
Who are Viridis Energia's main competitors?
Direct peers on record are Lightsource bp, Sonnedix, EF Solare Italia and Cubico Sustainable Investments. Regional players are Alperia and Iren Energia. Broad incumbents are Edison, Engie Italia, EDP Renewables Italia and RWE Renewables Italia.
Does Viridis Energia have an API?
No public API is recorded for Viridis Energia.
What industry is Viridis Energia in?
Viridis Energia's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUAEAMAB, Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal), with a secondary code of EUAEADAB, Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting). Its NAICS code is 22111 and its SIC code is 4900.