Mineo Solar Farm

Mineo Solar Farm (Mineo) is a 151MW solar photovoltaic project located in Catania, Sicily (Italy). Originally developed by European Energy, a global renewable energy developer with a strong track record in Italy and across Europe. In November 2023, Sosteneo acquired a 50% equity stake in the project, forming a joint venture with European Energy to construct and operate the plant. As of March 2026, Sosteneo acquired the remaining 50% and has 100% ownership of Mineo.

Mineo will utilise fixed-structure solar PV technology, optimised for Sicily’s high solar irradiation. 

The project will be delivered using a multi-contract approach, divided into three main scopes: PV plant construction, high-voltage substation works, and medium/high-voltage line installation. Sosteneo will directly manage panel procurement and construction is expected to commence in 2026. 

Revenues are secured through a long-term fixed revenues agreement with the Gestore dei Servizi Energetici (GSE) (Fer-X scheme).

The plant integrates solar energy with sustainable agriculture. The design features replanting of native citrus and almond trees, aromatic herbs, and restored olive groves. The site also supports arable farming, native hedgerows, and apiculture through two apiary stations with Sicilian honeybee hives, promoting ecological balance and productive land use. 

An environment monitoring plan will be implemented to assess any potential negative impact on local flora and fauna with the aim of putting in place protection initiatives, if needed. Mineo has also completed social safeguard screening in accordance with the EU Taxonomy. All major project suppliers and counterparties were analysed to ensure that the project meets robust social and ethical standards. 

A concession agreement with the Municipality is currently under negotiation, defining several investments for the local communities to be financed by Mineo’s special purpose vehicle.