Greek PPC to develop 5,4 GW renewable projects in Romania
• Energy • News • South-East European INDUSTRIAL Мarket - issue 1/2023 • 22.03.2023
Greek utility Public Power Corporation (PPC) said that as part of its acquisition of Italian group Enel’s assets in Romania for some EUR 1,26 billion, it is also getting a portfolio of green energy generation projects with a cumulative planned capacity of 5,4 GW. The green energy pipeline is ten times the size of Enel’s existing renewable energy projects in Romania, which amount to an installed capacity of 535 MW, PPC revealed in a presentation to its investors.
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The project pipeline involves seven wind farms and eleven solar parks with total installed capacities of 2,3 GW and 3,1 GW, respectively. This adds to Enel’s operational green energy generation portfolio, which comprises eight wind farms and four solar parks with total installed capacities of 499 MW and 36 MW, respectively.