Greek Firm Buys Two Solar Parks in Buzău County

Greek Firm Buys Two Solar Parks in Buzău County

Greek energy company Mytilineos has acquired two photovoltaic parks in Buzău County, Romania, with a combined capacity of 90 MW. The solar parks, located in the localities of Focșani and Nehoiu, are set to boost Mytilineos's renewable energy portfolio and support Romania's green energy transition.

The purchase, finalized for an undisclosed sum, marks a significant expansion for Mytilineos in Eastern Europe. The company aims to leverage Romania's solar potential and favorable market conditions to enhance its presence in the region.

Local authorities in Buzău County welcomed the investment, highlighting the economic and environmental benefits of the acquisition. The solar parks are expected to generate substantial clean energy, contributing to Romania's renewable energy targets and reducing carbon emissions.

Mytilineos, already active in the energy sector with projects in Greece and other countries, sees Romania as a strategic market for renewable energy development. The company plans to further invest in solar and wind projects across the country.

The acquisition aligns with Romania's National Energy and Climate Plan, which targets a 30.7% share of renewable energy in the national energy mix by 2030. With this purchase, Mytilineos strengthens its commitment to sustainable energy and supports Romania's efforts to transition to a greener economy.

Source: Opinia Buzau