An esterase, Sso2518, from Sulfolobus solfataricus P2 was over-expressed in E. coli. and characterized after purification. The maximum activity was at pH 7.5 and 50A degrees C. The half life of Sso2518 was about 30 min at 85A degrees C and the enzyme was activated by Cu2+. The catalytic triad of Sso2518 was comprised of residues Ser151, Asp176, and His328. Sso2518 showed the highest activity with p-nitrophenyl caproate (C6) and could also hydrolyze olive oil. Under native conditions, Sso2518 consists of 125 kDa homotrimers.