IGD relies on Edison Next for the energy transition of one of its largest shopping centers in Italy
Edison Next and IGD have signed a 20-year on-site Power Purchase Agreement (PPA) for the development of a photovoltaic system at the Tiburtino Shopping Center in Rome, one of IGD’s largest Italian malls. Edison Next thus provides customers with access to green electricity produced by its plant at a competitive price (compared to the market standard).
Milan, 25 September 2025 – Edison Next, an Edison Group company that supports customers and communities on their path to decarbonization and ecological transition, and IGD, a leading player in the retail real estate sector in Italy, have signed a 20-year on-site Power Purchase Agreement (PPA) for the development of a photovoltaic system at the Tiburtino Shopping Center in Rome, one of IGD’s largest Italian malls.
The new photovoltaic system, with a power output of approximately 1 MW, will have an average annual production capability of over 1.2 GWh, approximately 80% of which will be used for self-consumption. This will cut emissions into the atmosphere by approximately 300 tons of CO2 per year from the Tiburtino Shopping Center, a 30% reduction on the initial situation[1].
“Our partnership with IGD, a leading player in the Italian retail real estate sector, aware of the sustainability aspects of its operations, strengthens our commitment to supporting the service sector through energy transition. With the on-site PPA, we provide a concrete solution to reduce and stabilize energy costs, generating both environmental and economic value and supporting the spread of new renewable energy in our country. We are proud to contribute to the decarbonization of one of IGD’s largest shopping centers in Italy through a system that combines efficiency, innovation, and a long-term vision,” said Lorenzo Misani, Tertiary Market Director at Edison Next.
Gianluca Martora, IGD’s Director of Asset Management, stated: “The photovoltaic system currently under construction at the Tiburtino Shopping Center in Rome represents a significant milestone for IGD: it will be the largest system, in terms of installed power, in the shopping centers in our portfolio. This intervention will make a concrete contribution to achieving the ESG targets set out in the 2025-2027 Business Plan, confirming the Group’s commitment to improving the energy performance of its assets and mitigating their environmental impact. The cooperation with Edison Next is a cornerstone of our energy strategy, providing us with a solid and reliable partner who is fully aligned with our shared long-term vision for sustainable transition.”
Under the on-site PPA, Edison Next will handle the design, installation, and commissioning of the photovoltaic system, supporting the investment and subsequent ordinary and extraordinary management and maintenance.
Specifically, the photovoltaic system will be installed over a total surface area of 4,700 sqm, divided between the building’s roof and the shelters that will cover part of the uncovered parking area. Edison Next will also carry out the construction works for the development of the shelters.
Photovoltaic is one of the most mature and tested technologies in the energy transition process, and a flexible on-site PPA is the ideal tool for its implementation by businesses with large spaces available within their company premises. Edison Next designs, installs, and manages photovoltaic systems directly at the customer’s premises, ensuring multi-year supplies and supporting the company in the consumption’s electrification process, receiving in return a remuneration linked to the electricity generated by the system and consumed on-site by the customer. This option is aimed at service sector companies and industries that wish to make space available – on a roof or on the ground – for the installation of a photovoltaic system without making the direct investment themselves.
Throughout the entire contractual period, Edison Next provides the customer’s access to the electricity produced by the plant at a competitive price compared to market standards. All maintenance and energy management services, which monitor the system’s performance, are included in the agreement to ensure high performance over time.
Under this agreement, Edison Next also assumes responsibility for the design, sizing, construction, commissioning and maintenance aspects, so that the customer can avoid committing their own financial resources to the system.
