Claritas Investments has completed the sale of a 16.5 MW solar power project in northern Greece to domestic photovoltaic contractor Green Line Energy, as the company shifts its strategy toward larger-scale renewable energy developments. The financial details of the transaction were not disclosed, but Claritas said the sale will release capital for new investments, particularly utility-scale renewable projects planned across northern Greece.
The solar project is located in Vathylakos, near Thessaloniki, and consists of a fully developed, ready-to-operate photovoltaic plant. Claritas managed the complete project development process, including site acquisition, regulatory approvals, project preparation and the final steps required to bring the facility into commercial operation before transferring ownership to Green Line Energy.
Claritas Investments specialises in the early-stage development of renewable energy projects, while also maintaining activities in technology and electromobility sectors. The company’s main markets include Greece, Romania and Poland, although it continues to evaluate new investment and acquisition opportunities across Europe.
The company is currently advancing a significant renewable energy pipeline in Greece. According to Claritas, its portfolio includes two large-scale solar projects in the Kilkis region of Central Macedonia, with a combined planned capacity of 574 MW. The proceeds from the Vathylakos solar project sale will be directed toward accelerating the development of these larger photovoltaic investments.
The transaction reflects a broader trend in the renewable energy sector, where developers are increasingly monetising smaller operational assets to strengthen their financial capacity and concentrate resources on larger projects with greater strategic importance. For Claritas, the divestment represents a step toward expanding its role in Greece’s utility-scale renewable energy market.
