About

Peridot Solar is a leading international Independent Power Producer and provider of renewable energy solutions, established in 2022, with strategically located offices in London, Milan, and Catania. Committed to driving the global transition to clean energy, Peridot Solar is dedicated to developing, building, owning, and operating state-of-the-art renewable energy plants.

Our strength lies in our highly skilled and experienced team of over 30 professionals, whose combined expertise spans more than 320 years in the renewable energy industry. This wealth of knowledge and experience enables us to cover the entire value chain of Solar and Battery Energy Storage System projects. From the initial stages of development and securing financing to EPCM for project execution, our team ensures that every project is completed to the highest standards of quality and efficiency.

Peridot Solar’s comprehensive approach and long-term vision underscore our commitment to sustainability and innovation. By leveraging cutting-edge technologies and best practices, we aim to deliver reliable, efficient, and environmentally responsible energy solutions that meet the evolving needs of our clients and contribute to a greener future.

Who we are

Value Chain

1

We efficiently manage project development activities, including strategic co-developers management and internal project origination, diligently following the entire permitting process to ensure regulatory compliance.

2

We secure project financing through a strong network of financial institutions and investors. Our expertise in financial modeling, risk assessment, and market analysis allows us to create compelling proposals, ensuring we obtain the necessary capital for project completion.

3

We have a strong track record of energized projects and expertise in managing tenders to select the best EPC contractors. Our team excels in overseeing contractors during construction, ensuring projects are completed on time and within budget.

4

We effectively manage projects beyond the Commercial Operation Date, including selecting Operations and Maintenance providers and handling asset management. This ensures ongoing efficiency and maintains high performance and long-term value.

5

As the owner, we ensure compliance, manage stakeholder relationships, and oversee PPA contracts. We also report to lenders and regulatory authorities, refinance project debt, and reinvest capital into new renewable energy projects.

History and track record

2022

April

Peridot Solar was established in April 2022 with offices in London and Milan. It is a portfolio company of FitzWalter Capital Limited pioneering the energy transition by developing, building and operating renewable energy projects.

The company has initially acquired a solar PV portfolio of projects in Italy and UK from Kingdom Energy LTD and P&T Global Renewables.

June

Peridot Solar finalized 830 MWp of co-development agreements with leading Italian companies for the joint development of photovoltaic and battery storage plants in Italy.

November

Peridot Solar completed the acquisition of the Apollo portfolio composed by 12 RTB PV projects for an overall power of 57,6 MWp located in the eastern Sicily area

2023

May

Peridot Solar secured with Infranity €120M bilateral financing for the construction of 7 solar PV assets for a total capacity of 178 MW portfolio in Italy.

June

Peridot Solar completed the acquisition of the S&P, a 135 MW ready-to-build Agri-solar project developed by SENS located in the eastern Sicily area

2024

February

Peridot Solar reached the COD with its 40,172 MW Pedagaggi project located Sicily

March

Peridot Solar reached the COD with its 38,34 MW Fiumesanto project located in Sardinia

April

Peridot Solar finalized a 2-years PPA deal with Axpo Italia for the commercialization of energy generated by our Pedagaggi and Fiumesanto projects

July

Peridot Solar reached the COD with its 1 MW Sambataro 1 project located in Sicily

August

Peridot Solar reached the COD with additional 2 MW divided in two projects located in Sicily: Cifalù 1 and Curello

September

Peridot Solar successful secures Contracts for Difference for a total of 64.92 MWp for its Fiskerton 3 project in the UK Government’s Allocation Round 6

September

Peridot Solar reached the COD with its 1 MW Noto project located in Sicily

Investor

FitzWalter Capital is a global private investment firm with offices in London, Hamburg and New York, established in 2020 by a group of senior members of Macquarie’s CAF Principal Finance business, including the Global Head of that business from its inception in 2009.

Its 5 partners bring together 75 years of aggregate investing experience. The senior team invested over US$30bn across 500 investments while at Macquarie during a 10-year period.

FitzWalter Capital provides capital and capability, supporting management teams in unlocking the full potential of a business or asset, particularly in contexts of complexity and transition. It invests across a broad spectrum of sectors and asset classes, including corporate businesses, real estate, renewables, aircraft and other “hard” assets rigorously discerning and seek the highest quality businesses and assets in each of its areas of focus.