Helleniq Expands in Balkans with 400 MW Renewable Buy
- Helleniq Energy boosts its renewable footprint in Southeast Europe with 400+ MW wind and solar acquisitions, aiming for 2 GW by 2030.
Helleniq Energy Holdings SA is expanding its renewable energy portfolio in Southeast Europe by acquiring over 400 MW of wind and solar projects in Romania and Bulgaria. The acquisitions include two onshore wind farms in Romania and a solar park in Bulgaria, increasing Helleniq's clean-energy assets to approximately 1.5 GW. The company aims to reach a 2-GW target by 2030. In Romania, Helleniq acquired a 96-MW wind project from OX2 and a 186-MW wind project from Helios and Wind Energy SRL, with options for battery systems to enhance grid integration and revenue.
In Bulgaria, Helleniq purchased a 123-MWp photovoltaic project from Element Power Group, with construction expected to begin in 2026. The project includes an optional battery system to improve performance. Helleniq is also expanding in Greece, acquiring ABO Energy’s subsidiary and securing permits for battery projects. With over 6 GW in development, Helleniq is diversifying its energy portfolio to mitigate regulatory risks and strengthen its position in the renewable energy market.
How is Helleniq Energy expanding its renewable energy portfolio in Southeast Europe?
- Helleniq Energy is actively pursuing acquisitions in Southeast Europe to bolster its renewable energy portfolio.
- The company has acquired over 400 MW of wind and solar projects in Romania and Bulgaria.
- In Romania, Helleniq acquired a 96-MW wind project from OX2 and a 186-MW wind project from Helios and Wind Energy SRL.
- These Romanian projects include options for battery systems to enhance grid integration and revenue.
- In Bulgaria, Helleniq purchased a 123-MWp photovoltaic project from Element Power Group, with construction slated for 2026.
- The Bulgarian project also includes an optional battery system to improve performance.
- Helleniq is expanding in Greece by acquiring ABO Energy’s subsidiary and securing permits for battery projects.
- The company has over 6 GW in development, aiming to diversify its energy portfolio.
- Helleniq's strategy includes mitigating regulatory risks and strengthening its market position.
- The company aims to reach a 2-GW renewable energy target by 2030.
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