French energy company Neoen has signed an agreement with Italian renewable energy company Plenitude (a subsidiary of Eni) for the sale of a 760 MW portion of its French operating asset portfolio (Neoen press release, 18/11/2025). The portfolio consists of 52 renewable energy assets, including 37 solar parks, 14 onshore wind parks, and 1 battery storage facility. Neoen will continue to manage the plants for several years by providing asset management services to Plenitude. The transaction, targeted for completion by the end of 2025, remains subject to customary closing conditions, including the issuance of regulatory approvals, according to the company’s statement.
Following the transaction, Neoen’s capacity in operation or under construction in France will total 1.1 GW, comprising 754 MW of solar capacity, 307 MW of onshore wind, and 115 MW/213 MWh of battery storage. The company also maintains a “significant pipeline” of projects in development across France.
This transaction also supports Plenitude’s growth under its 2025–2028 Strategic Plan, which aims to reach 10 GW of installed renewable capacity by 2028.
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