The British private equity firm is looking to sell its Rete Rinnovabile, known as RTR, solar portfolio in Italy in a deal that is expected to fetch more than 1 billion euros (883.68 million pounds).

Italian oil major Eni was also among the potential buyers but pulled out earlier this week. Utility A2A also dropped out in June.

(Reporting by Giancarlo Navach and Stephen Jewkes, writing by Giulia Segreti)