- Iberdrola agreed to acquire a 42 MW solar PV plant in Lazio from CCE; the plant was commissioned less than six months ago.
- The asset is backed by long-term PPAs that secure stable cash flows.
- The plant joins Iberdrola’s Etruria Complex, bringing its capacity to 174 MW and, together with the 243 MW Fenix project, raising Italy capacity to ~400 MW.
- The acquisition is subject to customary closing conditions and aligns with Iberdrola’s 2025–28 plan targeting up to €58bn in investments, including €21bn for generation projects with long-term contracts.
Transaction
Iberdrola agreed to acquire a 42 MW solar PV plant in Lazio from CCE; the plant was commissioned less than six months ago and is backed by long‑term PPAs that secure stable cash flows; the deal remains subject to customary closing conditions.
Etruria Complex and Italian capacity
The site will join Iberdrola’s Etruria Complex—bringing total Etruria capacity to 174 MW alongside Montalto di Castro (23 MW), Tarquinia (33 MW), Montefiascone (7 MW), Limes 15 (33 MW), Limes 10 (18 MW) and Tuscania (18 MW); together with the 243 MW Fenix project, the addition brings Iberdrola to approximately 400 MW of installed renewable capacity in Italy.
Strategic context
The acquisition aligns with the Group’s 2025–28 Strategic Plan, which foresees up to €58 billion of investment, including €21 billion for generation projects with long‑term contracts in countries with strong credit ratings and stable regulatory frameworks.
