German renewable energy project developer E.ON has sold its Italian solar business to the private infrastructure investment fund manager F2i SGR.
Financial details of the deal were not disclosed. The assets sold comprise a total generating capacity of 49 megawatts from seven ground-mounted solar plants located in areas with high irradiation. About 70% of the capacity is installed on Sardinia.
F2i has been active in the photovoltaic sector in Italy since 2009 as founder of Holding Fotovoltaica, which has 89MW under management.