Execution of binding agreement for the acquisition of PV parks in Kozani

In the context of its Vision 2025 Strategy, HELLENiQ ENERGY Holdings S.A. announces the execution by its 100% subsidiary, HELLENiQ Renewables, of a binding agreement with LIGHTSOURCE RENEWABLE ENERGY GREECE HOLDINGS (UK) LIMITED for the acquisition (upon the start of commercial operations) of a PV portfolio in Kozani with an aggregate capacity of up to 180 MW, of which over 50% is contracted on a long-term basis.

The projects are expected to start commercial operations gradually, between 1Q24 and 3Q24.  

This agreement accelerates the implementation of the HELLENiQ ENERGY Group’s strategic plan to reach at least 1 GW of operating RES capacity by 2025 and over 2 GW by 2030.