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31.07.2023
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HELLENiQ ENERGY enters the Romanian RES market

HELLENiQ ENERGY Group expands its international presence in RES, through entering the Romanian market with a total portfolio of more than 800 MW, accelerating the implementation of its strategic plan, targeting at least 1 GW of operating capacity by 2025 and more than 2 GW in 2030.

Specifically, HELLENiQ Renewables, a 100% subsidiary of HELLENiQ ENERGY Holdings S.A.:

a) entered into a binding agreement with MYTILINEOS for the construction and acquisition (upon achieving commercial operation) of a portfolio of 4 photovoltaic (PV) parks in Romania, with an aggregate capacity of 211 MW. The projects are in an advanced stage of development and are expected to enter commercial operation gradually, from 4Q23 to 3Q25. The total annual production of the projects is expected to exceed 300 GWh of green energy, enough to meet the needs of 100,000 households.

PricewaterhouseCoopers Business Solutions S.A. (PwC) acted as financial advisor to HELLENiQ Renewables for the transaction.

b) signed a Framework Agreement with another counterparty for the development of a portfolio of PV parks with an aggregate capacity of up to 600 MW in Romania.

The above-mentioned agreements mark HELLENiQ ENERGY Group’s entry into Romania’s rapidly-growing RES market. It is also the Group’s second entry in the international RES market over the last months, following the recent entry in Cyprus’ RES market, accelerating its portfolio growth and strengthening its extroversion.

Relevant Content

08.12.2023

Notification of completion of transaction

HELLENiQ ENERGY Holdings S.A. (the “Company”), following the announcement dated 7.12.2023, announces that, pursuant to a joint notification received on 8.12.2023 by its shareholders, Hellenic Republic Asset Development Fund S.A. and Paneuropean Oil & lndustrial Holdings S.A., was informed of the pricing of the international private placement, through an accelerated book-building offering in the context of their decision to dispose of part of their shares in the Company. The notification included the following announcement:

07.12.2023

Notification by HRADF and POIH for the decision to dispose of certain of their shares in HELLENiQ ENERGY Holdings S.A.

HELLENiQ ENERGY Holdings S.A. (the “Company”) announces that on 7.12.2023, following a letter sent by its shareholders, Hellenic Republic Asset Development Fund S.A. ("HRADF") and Paneuropean Oil & lndustrial Holdings S.A. ("POIH"), was informed of their decision to dispose of certain of their shares in the Company on a pro-rata basis, through an international private placement, in accordance with the provisions of the HRADF Law and the HRADF’s updated Asset Development plan. The letter included the following announcement:

08.11.2023

Notification of appointment of Market Makers

HELLENiQ ENERGY Holdings S.A. (the "Issuer") announces that the Listings and Market Operation Committee of the Athens Stock Exchange (“ΑΤΗΕΧ”), with its decisions of 30/10/2023 and 01/11/2023, approved the appointment of the ATHEX Members "Eurobank Equities S.A." and "Alpha Finance S.A." as Market Makers on the Issuer's shares, with Wednesday, 1 November 2023 and Tuesday, 7 November 2023, respectively, set as the start dates of the Market Making obligations.