Energie AG's Ambitious 180 MW Renewables Push in Slovenia

• Energie AG Oberosterreich's strategic investment in AAE Gamit will bring over 180 MW of renewable energy to Slovenia, paving the way for a sustainable future.

Austrian utility Energie AG Oberosterreich has acquired a 29.4% stake in Slovenian renewable energy developer AAE Gamit, with plans to deliver over 180 MW of wind and solar projects in Slovenia. The Linz-based utility has joined existing shareholders in this venture, which will see projects executed at eight locations in the Primorska region of southern Slovenia.

The target portfolio includes 140 MW from wind turbines and 42 MW from solar panels, generating around 360 GWh of electricity annually. The first PV park is set to go live this year, with the first wind farm expected to be operational by 2026. This investment aligns with Energie AG's goal of producing 1 TWh of electricity from wind and solar annually by 2035.

What is Energie AG Oberosterreich's renewable energy plan in Slovenia?

• Energie AG Oberosterreich's renewable energy plan in Slovenia involves acquiring a 29.4% stake in AAE Gamit, a Slovenian renewable energy developer.
• The plan aims to deliver over 180 MW of wind and solar projects in Slovenia.
• Projects will be executed at eight locations in the Primorska region of southern Slovenia.
• The target portfolio includes 140 MW from wind turbines and 42 MW from solar panels, generating around 360 GWh of electricity annually.
• The first PV park is set to go live this year, with the first wind farm expected to be operational by 2026.
• This investment aligns with Energie AG's goal of producing 1 TWh of electricity from wind and solar annually by 2035.