BayWa r.e. has sold 100% of Sirio Rinnovabili to Alerion Clean Power, giving the Italian renewables firm development rights to the 48.8 MW Vallelunga onshore wind project in Sicily. The project was authorised in January 2025, is expected to produce around 120 GWh annually, and will connect to Terna’s national grid.

The signal is clear: Italy wind M&A is shifting toward authorised, execution-ready assets. Alerion is not buying an early-stage pipeline. It is buying a permitted project where the next value steps are final design, turbine selection, construction, and grid delivery.

This follows a wider European pattern. Enerdatics’ Q3 2025 analysis showed that over 60% of European onshore wind deals targeted operational or near-operational assets, mainly in Germany and Spain, while buyers across Europe increasingly priced grid access, permits, and route-to-market certainty at a premium.

For BayWa r.e., the sale fits an asset-rotation model. The company also sold the 30 MW Kamionka wind farm in Poland to ENGIE Zielona Energia, taking total disclosed capacity across the two transactions to nearly 80 MW.

For Alerion, Vallelunga adds authorised Sicilian wind capacity with visible output and a reported construction investment of about €70 million.

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