Greece, Motor Oil has completed the acquisition of renewable energy business of construction group Ellaktor
, SEE Energy NewsThe Vardinogiannis Group, which controls oil refiner Motor Oil, has completed the acquisition of renewable energy business of construction group Ellaktor .
Namely, a 75 % of Ellaktor’s RES division was transferred to the ownership of Anemos Holdings, a subsidiary of Motor Oil Renewable Energy in which Ellaktor holds a 25 % stake, at a price of 671.5 million euros.
Ellaktor’s RES portfolio currently stands at 493 MW in operation, in addition to a series of projects under construction with a total capacity in excess of 1.6 GW.
LATEST NEWS
- January 30, 2023 Greece, The share of RES in the energy mix in 2022 reached 41.6%, with 19.7 TWh produced
- January 30, 2023 North Macedonia, ESM buys gas for February from Bulgaria’s Balkan Utilities at a price of EUR 98.71 per MWh
- January 30, 2023 Bulgaria, The expansion of the Chiren warehouse begins
