E.ON has sold its Italian solar business to the private infrastructure investment fund manager F2i SGR.
The activities sold comprise a total generating capacity of 49MW and consist of seven ground mounted solar plants that were constructed between 2010 and 2013. The solar plants are located in areas with high irradiation and benefit from favorable solar regimes providing stable cash flows in the long-term. About 70 percent of the capacity is installed on Sardinia.
E.ON and F2i SGR agreed not to disclose the purchase price. The transaction was signed and closed on February 19, 2015.