European Energy Sells 90 MW Cerano Energreen Ready-to-Build Solar Park in Brindisi, Puglia, Italy
European Energy has completed the sale of the 90 MW Cerano Energreen solar project in Brindisi, Puglia, Italy. The fully permitted, ready-to-build project holds secured grid connection and a 20-year FerX Contract for Difference. Expected to generate approximately 160,000 MWh annually, the project is located on industrialised land at the heart of Brindisi's energy transition.
Transaction date: · Source: europeanenergy.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 90 MW
- Transaction price
- Not disclosed
- Seller
- European Energy
- Country
- Italy
- Region
- Puglia
- Location
- Brindisi, Puglia, Italy
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- Yes
Technology details
90 MW solar PV project with tracker technology, fully permitted with secured grid connection. Awarded a 20-year Contract for Difference under Italy's FerX auction scheme. Located on already-industrialised land adjacent to an existing industrial zone in Brindisi. Expected to generate approximately 160,000 MWh annually, sufficient for approximately 55,000 Italian households.
Power purchase agreement (PPA)
20-year Contract for Difference (CfD) awarded under Italy's FerX auction scheme, providing long-term revenue certainty.
Additional information
Buyer not disclosed. Transaction forms part of European Energy's strategy to develop, mature and divest renewable energy assets while recycling capital. European Energy is also constructing the 250 MW Vizzini agrivoltaic project in Sicily, one of Italy's largest agri-PV developments. European Energy has a development pipeline of approximately 65 GW across more than 20 countries.
Source
Original announcement: https://europeanenergy.com/2026/08/07/european-energy-divests-ready-to-build-90-mw-solar-park-in-italy/