Galileo advances Italian pipeline and IPP expansion planswith start of construction on Gambolò solar project

Zurich and Milan, 21 July 2026 – Galileo has commenced construction for its Gambolò solar plant in Northern Italy, marking another important milestone in the company’s expansion in the country and as a European independent power producer (IPP).

Located in Lombardy, the 5 MW Gambolò project is Galileo’s second solar plant in the region to reach construction, following the recent commissioning of the 3 MW Leno project. Financial close for Gambolò was successfully achieved at the end of April after securing a EUR 4.2m project financing package provided by BNL BNP Paribas, with the support of the specialised Green Desk team and structured across three dedicated facilities. The financing will support the construction of the solar plant, paving the way for site works to get underway.

Both Gambolò and Leno will form part of Galileo’s IPP portfolio as the company advances a diversified pipeline of over 3 GW in Italy, spanning solar PV, battery energy storage systems (BESS), onshore wind and offshore wind projects.

For more details refer to the Press Release