Canada-based renewable energy developer Reservoir Capital Corp. has formed a new subsidiary, Renewable Energy Ventures Italia S.r.l., with offices in Rome, Italy, Reservoir Capital reported.
REV Italia will assist Reservoir with negotiations with the Italian government on bilateral agreements, importing energy into the Italian market and support the development of the company's hydroelectric projects in Serbia and the region.
REV Italia will also seek to develop its own renewable energy projects in Italy and engage in energy trading and sales.
The board of the new company comprises Antonio Mazza, Donatello Bertozzi and Miljana Vidovic, (President and CEO of Reservoir).
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