- The subject of the transaction is Castelvetrano, a solar PV plant located in Sicily
4 September 2025. X-ELIO, a global leader in the renewable energy sector, has announced the sale of a 50 MW solar PV plant in Sicily to PLT Energia, one of the largest independent Italian groups active in the wind and photovoltaic energy sector.
Castelvetrano, estimated to generate 92 GWh of clean energy annually, supports Italy’s decarbonization targets with sustainable, reliable, and cost-competitive power.
This agreement reinforces the strategies of X-ELIO and PLT Energia to strengthen their positions in one of Europe’s most relevant energy markets.
Nicholas Pentreath, Deputy CEO at X-ELIO, stated: “We are proud to close this agreement with PLT Energia, which culminates the effort and the relationship between two leading renewable companies. We will continue delivering renewable energy projects that support Italy’s transition towards a cleaner and stable energy system”.
Gianfranco Memoli, Country Manager of X-ELIO in Italy, affirmed: “This milestone recognizes X-ELIO’s long-term commitment to the development of top-tier renewable projects in this country”.
Stefano Marulli, CEO of PLT energia, commented: “This transaction represents a further step in PLT Energia’s growth strategy, aimed at consolidating an integrated platform in the renewable energy market on a national scale”.
This way, X-ELIO consolidates its presence in Italy, where it has already brought 146 MW of solar capacity into operation and is currently building a total of 116 MW, which are expected to enter operation within the next twelve months. In addition, the company manages a pipeline of 1.1 GW in solar projects and 1.8 GW in energy storage systems (BESS) at various stages of development.
PLT energia, by the end of 2025, will reach an installed capacity of 365 MW, complemented by an additional 110 MW currently in an advanced stage of construction. Furthermore, there is a development pipeline of approximately 3.4 GW, of which 600 MW have already received authorization.
This milestone opens the door to new transactions between the two companies.
About PLT energia:
PLT Energia is one of the leading independent Italian groups operating in the renewable energy sector. Part of PLT Holding, which is fully owned by the Tortora family, the company has been committed for over 20 years to the development, construction, and management of wind and solar power plants, with the goal of accelerating the energy transition toward a zero-carbon future.
For more information, please visit our website at www.pltenergia.it, our LinkedIn profile at https://it.linkedin.com/company/plt-energia.
About X-ELIO:
X-ELIO, a Brookfield-owned company, specialized in the development of renewable energy projects with a global presence in Spain, Italy, Germany, the United States, Japan, Australia, Latin America and the Middle East. With 20 years of experience and more than 3 GW built, this world-leading company is strongly committed to sustainability, the reduction of greenhouse gasses, and the fight against climate change.
For more information, please visit our website at www.X-ELIO.com, our LinkedIn profile at https://www.linkedin.com/company/x-elio, or our X profile at https://x.com/X_Elio.
Press Contact:
Isabel Ruiz
T: +34 696 37 32 29
X-ELIO External Agency: KREAB
Sonia Gil / Álvaro Corominas
E: sgil@kreab.com / acorominas@kreab.com
T: +34 635 186 188 / +34 658 378 122
