Cubico secures 100% success in FER-X auction
Cubico Sustainable Investments has secured long-term contracts for 100% of the capacity it bid into Italy’s Transitional FER-X auction, with two Agri-PV projects awarded support, adding 26 MW of new solar capacity to the company’s growing Italian portfolio.
The successful bids include the 18 MW Grumento Agri-PV project in Basilicata and the 8 MW Colleferro Agri-PV project in Lazio, both awarded a 20-year Contract for Difference (CfDs) under the FER-X support mechanism. These projects represent a key milestone for Cubico in Italy, marking the first development projects to be fully authorised and awarded support by the team as they translate a growing pipeline into delivered assets.
In Basilicata, Grumento becomes Cubico’s first solar project in a region where it already operates the 52 MW Tricarico wind farm and is advancing over 250 MW of additional development, supporting continued investment, grid resilience and local economic activity. In Lazio, Colleferro builds on an established footprint of 65 MW across 13 operational projects, reinforcing the region’s role in Italy’s clean energy transition.
Both projects are fully permitted, with Autorizzazione Unica obtained. Construction is expected to begin in the first half of 2026, with commercial operation targeted for 2027.
In line with Italy’s evolving agrivoltaics framework, the projects will integrate dual land-use systems that combine renewable energy generation with agricultural productivity, ensuring the land remains active and economically productive alongside clean power generation.
Over their 25-year operational life, the projects are expected to deliver significant environmental benefits, including saving more than 67,000 tonnes of oil equivalent (TOE) and avoiding approximately 178,000 tonnes of CO₂ emissions, a meaningful contribution to regional and national decarbonisation goals.
For local communities at both projects, the start of construction will mark the beginning of long-term economic benefits delivered directly into the local area, including supply-chain and employment opportunities. In Colleferro, Cubico is maintaining ongoing dialogue with local institutions to ensure community initiatives align with existing priorities and deliver tangible local value.
Commenting on the awards, Alessandro Asperti, Country Head for Italy & Greece at Cubico, commented: “Securing 100% of the capacity we bid into the FER-X auction is a significant result for our team and a major early milestone in the growth of our Italian development pipeline. These are the first projects that our local team have had authorised and awarded contracts, and they represent an important step in turning a strong pipeline into real, operating assets.
“We now look forward to moving both projects into construction in 2026 and delivering long-term environmental, economic and community benefits for the regions.”
