The Italian oil and gas group Eni has increased its renewable capacity target for 2021 from 0.7 GW to 1.2 GW (up to 2 GW including renewable projects under construction). In July 2021, its subsidiary Eni gas e luce signed an agreement with Azora Capital for the acquisition of a portfolio of 9 renewable energy projects in Spain expected to be commissioned by 2024, including 3 operational wind plants and a wind project under construction totalling 230 MW, and 5 large solar projects in advanced development with a total capacity of around 1 GW. In addition, Eni gas e luce has acquired the Dhamma Energy Group, which holds a platform for the development of solar plants in France and Spain (pipeline of projects at various stages of development for almost 3 GW in both countries and around 120 MW of renewable plants already in operation or in advanced development in France).