Helleniq Energy buys photovoltaic parks in Cyprus

HELLENiQ ENERGY Holdings

31/05/2023 11:27

ATHENS, May 31 (Reuters) - Helleniq Energy  HELr.AT ,
Greece's biggest oil refiner, has acquired two photovoltaic
parks in Cyprus, it said on Wednesday.
    The acquisition of the parks, which have a total installed
capacity of 15 megawatts, is Helleniq's first foray into the
renewables industry outside Greece, it said.
    Helleniq did not disclose the size of the deal.
    With 0.34 gigawatt of wind and solar power in operation,
Helleniq has been looking at acquisitions in Greece and
elsewhere to boost it to 1 gigawatt in the next two years.

 (Reporting by Angeliki Koutantou; editing by David Evans)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
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