This transaction is part of CCE's broader strategy of developing, building, and selectively selling renewable energy assets across its European markets — while continuing to grow its portfolio of plants held for long-term own operation. With a substantial pipeline of projects at various stages, CCE is well positioned to pursue both routes: realising value through strategic sales to partners such as Iberdrola, and expanding its own operational asset base.
Located in one of Italy’s highest-irradiation regions, the plant uses single axis tracking technology optimised for the local solar production profile. Construction was completed in November 2025, financed through a combination of equity and a bridge facility. The facility sits on 43.5 hectares and benefits from a secure grid connection through TERNA's Montalto substation. Expected annual energy output is around 67 GWh, with 80 percent of its generation secured under a ten-year PPA.
A swift process benefited both parties, validates CCE’s development and execution capabilities while reflecting the high quality of the project, which also received a 92/100 rating in the 2025 GRESB (Global Real Estate Sustainability Benchmark) assessment.
„The sale marks another milestone in CCE's ongoing success in Italy. We look forward to further strengthen our presence through strategic sales and assets that we will operate for the long term.“, Sandro Esposito, Managing Director CCE Italia.
Legal counsel was provided by Dentons, CCE's long-standing partner whose support has accompanied tht company across numerous transactions during the past decade.
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Press Release: Successful asset sale in Montalto di Castro