First Reserve to sell 101MW of Italian PV plants

Facebook
Twitter
LinkedIn
Reddit
Email
The sale has drawn bids of roughly €100 million. Flickr: Floris Oosterveld

Private equity firm First Reserve is selling several solar plants in Italy with a combined capacity of 101MW.

Reuters reported that the sale has drawn bids of roughly €100 million (US$110 million).

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The 70.5MW San Bellino plant in the north-eastern Veneto region, Italy’s largest PV installation, is one of the plants up for sale. A winning bid will be selected by 27 July.

Sources told Reuters that companies interested in bidding included Tages Capital as well as a joint venture between Italy-based renewables firm Enel Green Power and Italian infrastructure fund F2i. Meanwhile, Italy's Quercus Investment Partners had submitted a €90 million (US$99.1 million) offer, but later withdrew it.

Italy’s secondary market for solar has been in full swing of late. In June, UK-based solar investment fund NextEnergy Capital (NEC) announced plans to invest more than €150 million (US$210 million) in the Italian solar market aiming to consolidate the “large but highly fragmented” Italian solar market.

Read Next

October 1, 2025
Italy has released the results of its latest solar auction, which includes 273 expressions of interest for a combined capacity of 3,161MW.
September 25, 2025
Italian energy utility Enel has issued a US$4.5 billion (€3.8 billion) bond seeking investment from “US and international” investors.
September 24, 2025
Spanish IPP Sonnedix has acquired five solar projects in Sicily and Lazio, Italy, with a combined capacity of 226MW.
September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 11, 2025
The absence of negative pricing in Italy undermines the case for co-located solar storage, the co-founder of Italian IPP Terrawatt has said.
Premium
September 10, 2025
PV Talk: Italy’s new CfD policy offers clear support for solar developers in an otherwise uncertain legislative landscape, says Terrawatt's Patrizio Donati.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK