EuroEnergy expands its solar portfolio in Greece
31 Dec 2016
EuroEnergy announced the expansion of its portfolio of solar assets in Greece by acquiring two of the biggest solar projects in the country.
The projects located in the perfectures of Magnesia and Viotia in Central Greece and are fully operational.
With a total capacity of 17.5MW, they represent a significant expansion of EuroEnergy's Greek solar portfolio. Furthermore, with respective sizes of 10.5MW and 7MW, they are an excellent addition to EuroEnergy's portfolio of prime solar assets and build on EuroEnergy's significant management expertise in operating and running big scale solar parks -EuroEnergy also owns and operates big scale parks in Romania.
EuroEnergy seeks to expand its current operating asset base and its licensing portfolio in the Greek wind and solar market in the near future.
EuroEnergy completed its first renewable energy investment in Greece in 2008 and since then it has established a portfolio of wind and solar operating assets and a strong local management team. With deep knowledge of the local renewables industry, they each have excellent hands-on capabilities in developing and operating wind and solar assets.
EuroEnergy has developed this capability further by offering professional Asset Management services to other third-party companies in the industry, in line with current industry practices.
EuroEnergy is committed to sustaining and increasing its presence and investments in the Greek Renewable energy market and contribute to the ongoing growth of the Greek economy.