European Energy Sells 151 MW Mineo Solar PV Project in Sicily to Sosteneo
European Energy has completed the sale of its remaining stake in the 151 MW Mineo solar PV project in Sicily to Italian investment manager Sosteneo. The transaction concludes a phased partnership initiated in 2023 and follows the project reaching ready-to-build status and securing a CfD under Italy's FERX scheme in December 2025. Sosteneo assumes full ownership and will lead construction and operations.
Transaction date: · Source: europeanenergy.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 151 MW
- Transaction price
- Not disclosed
- Buyer
- Sosteneo
- Seller
- European Energy
- Country
- Italy
- Region
- Sicily
- Location
- Mineo, Sicily, Italy
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- Yes
Technology details
151 MW solar PV project brought to ready-to-build stage by European Energy. Awarded a Contract for Difference (CfD) under the Italian FERX scheme in December 2025, providing long-term revenue visibility. Sosteneo assumes full ownership and will be responsible for construction and future operations.
Power purchase agreement (PPA)
Contract for Difference (CfD) awarded under the Italian FERX scheme in December 2025, providing long-term revenue certainty and underpinning project bankability.
Additional information
Transaction is the final step of a partnership established in 2023, when Sosteneo acquired an initial 50% stake as part of a broader agreement covering solar assets in Sicily. European Energy has secured CfD awards for five Italian solar projects totalling 513 MW under the FERX scheme. European Energy is also developing a 225 MW agri-PV project near Vizzini, Sicily, which reached final investment decision following a CfD award in the same FERX auction. European Energy's Italian portfolio also spans Apulia and Molise.
Source
Original announcement: https://europeanenergy.com/2026/03/23/european-energy-divests-151-mw-solar-pv-project-in-sicily/