Time1 minute
Press Releases
Energy Transition
02.12.2021

Announcement for the acquisition of RES projects 37.2 ΜW operating windfarms in South Evia

HELLENIC PETROLEUM S.A. announces that, in the context of the implementation of its growth strategy in RES, it proceeds with the acquisition of two wind parks of 37.2 MW total installed capacity and load factor exceeding 40%, situated in South Evia.

More specifically, HELLENIC PETROLEUM RENEWABLE WIND FARMS OF EVIA SINGLE MEMBER S.A., a wholly owned subsidiary of ELPE RENEWABLES, signed definitive agreements for the acquisition of the companies EOLIKI ENERGIAKI EVIAS S.A. and EOLIKI ENERGIAKI ACHLADOTOPOS S.A.. 

The two windfarms, located in South Evia, have been in commercial operation since October 2018 and December 2019 respectively. The consideration for the 100% of the shares of the two companies amounts to €85m. 

 

Relevant Content

30.07.2024

Sustainable Aviation Fuel at all Greek airports from HELLENiQ ENERGY and Neste

HELLENiQ ENERGY is expanding its collaboration with Neste, which started two years ago, for the supply of sustainable aviation fuel (SAF) in Greece, with the aim of limiting emissions and achieving the goal of climate neutrality.

30.10.2023

New international investment in RES in the Cyprus market by HELLENiQ ENERGY

HELLENiQ ENERGY announces the acquisition of six photovoltaic parks, with a 26 MW capacity, in Cyprus, increasing the total capacity of its RES portfolio in the country to more than 40 MW.

16.08.2023

HELLENiQ Renewables is actively entering the Energy Storage business

All the bids submitted by HELLENiQ Renewables, a subsidiary of HELLENiQ ENERGY, in the first tender held in Greece for the granting of investment and operating aid to Energy Storage System (ESS) projects, were accepted by the Regulatory Authority for Energy, Waste and Water (RAAEY).