From pv magazine Italia
Officers from the Trento provincial command identified the seven companies as part of a group controlled by a German holding active in the renewable energy sector. The solar plants involved are located in the Marche region and Sicily, Domenico Ventura, captain of the Guardia di Finanza, told pv magazine Italia.
Investigators said the companies fictitiously transferred their registered offices to Trentino to benefit from a reduced regional business tax rate, evading more than €2 million in regional tax. Their actual operations and employees remained in the Marche and Sicily, Ventura said.
The investigation also found that the companies had improperly deducted costs from an intra-group loan provided by the German parent at artificially inflated interest rates, transferring nearly €3 million in profits to a lower-tax jurisdiction in violation of transfer pricing rules.
Investigators examined incentive claims submitted to the GSE – Italy’s state energy services manager – by the group between 2011 and 2024, totaling more than €152 million. More than €33 million of that amount was found to have been obtained through artificial project splitting, a practice in which plants are divided into smaller sub-installations to qualify for higher incentive tariffs under Italy’s Conto Energia scheme and to access simplified permitting procedures. The GSE has already recovered nearly €500,000.
The German parent company has not been named. pv magazine is in contact with the Guardia di Finanza and the GSE and will report further developments.
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