REG - Metlen Energy&Metals - METLEN signs 10-year 235 ΜW solar PPA with ENGIE

Metlen Energy & MetalsAnnouncement

22/10/2025 07:00

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RNS Number : 3664E  Metlen Energy & Metals PLC  22 October 2025

PRESS RELEASE

METLEN signs 10-year 235 ΜW solar PPA with ENGIE

 

Athens, Greece / London, United Kingdom - October 22 2025 - METLEN
(http://www.metlengroup.com/) (RIC: MTLN.L, Bloomberg: MTLN.LN, MTLN.GA, ADR:
MYTHY US) announces the signing of a 10-year Power Purchase Agreement (PPA)
with ENGIE, a leading energy transition utility.  Under the PPA, METLEN will
supply solar generated power from six sites located in the United Kingdom.

The power capacity of the solar portfolio, covered in the agreement, totals
235 MW, providing ENGIE with over 233 GWh of clean electricity annually.
These volumes will help avoid more than 52,000 tonnes of CO₂ emissions each
year, contributing meaningfully to the UK's decarbonisation goals.

The projects are developed and executed entirely by METLEN's M Renewables
segment, one of the top contractors in the UK for solar and storage projects.
The majority of the sites are expected to be fully commissioned by the end of
2025, with two additional sites scheduled for 2026.

This PPA strengthens METLEN's growing portfolio of offtake agreements across
Europe, while it deepens the global partnership between METLEN and ENGIE,
aiming at delivering flexible, reliable and low-carbon energy solutions across
markets.

ENGIE is one of the largest PPA providers in the world, with over 200,000
clients worldwide. Their deep expertise, excellent customer service and
integrated portfolio make ENGIE the offtaker of choice for its clients,
particularly when it comes to agreeing renewable PPAs that help deliver the
energy transition.

METLEN has 90 renewable energy projects, including solar and Battery Energy
Storage Systems (BESS) completed or at various stages of execution or
development in the UK.

The Company was advised by Dentons on legal aspects of the PPA and by Our New
Energy on commercial structuring.

 

Notes to editors:

Official photo material of METLEN and its activities can be found here
(https://www.metlengroup.com/photo-gallery?category=press-kit) .

 

For further information about METLEN please contact:

Ms. Antigoni Fakou: METLEN Press Office, Tel. +30210-6877346 | Fax
+30210-6877400 | E-mail: Antigoni.fakou@metlengroup.com
(mailto:Antigoni.fakou@metlengroup.com)

 

METLEN:

METLEN Energy & Metals PLC (METLEN or the Company) is the parent company
of a multinational industrial and energy group and a leader in metallurgy and
energy industries, focusing on sustainability and circular economy. The
Company is primary listed on the London Stock Exchange with a secondary
listing on the Athens Exchange, having a consolidated turnover and EBITDA of
€5.68 billion and €1.08 billion, respectively, (2024). METLEN's group is a
reference point for competitive green metallurgy at the European and global
level, whilst operating the only vertically integrated bauxite, alumina and
primary aluminum production unit in the European Union (E.U.) with privately
owned port facilities. In the energy sector, METLEN's group offers
comprehensive solutions, covering thermal and renewable energy projects,
electricity distribution and trading, alongside investments in grid
infrastructure, battery storage, and other green technologies. The Company's
group is active in the markets of all five continents, in more than 40
countries, adopting a full-scale synergetic model between the Metallurgy and
Energy Sectors, while undertaking end-to-end development of major energy
infrastructure projects.

www.metlengroup.com/ (http://www.metlengroup.com/) | Facebook
(https://www.facebook.com/metlengroup) | X (https://x.com/MetlenSA) | YouTube
(https://www.youtube.com/@MetlenGroup) | LinkedIn
(https://www.linkedin.com/company/metlengroup)

 

For further information about ENGIE please contact:

Alanna Rooney

Tel. UK: +44 7974 479731

Email : Alanna.Rooney@engie.com (mailto:Alanna.Rooney@engie.com)
 / UKmediaenquiries@engie.com (mailto:UKmediaenquiries@engie.com)

About ENGIE

ENGIE is a major player in the energy transition, whose purpose is to
accelerate the transition towards a carbon-neutral economy. With 98,000
employees in 30 countries, the Group covers the entire energy value chain,
from production to infrastructures and sales. ENGIE combines complementary
activities: renewable electricity and green gas production, flexibility assets
(notably batteries), gas and electricity transmission and distribution
networks, local energy infrastructures (heating and cooling networks) and the
supply of energy to individuals, local authorities and businesses. Every year,
ENGIE invests more than €10 billion to drive forward the energy transition
and achieve its net-zero carbon goal by 2045.

 

About ENGIE in the UK

In the UK, with 1,300 employees, ENGIE owns and operates a large portfolio of
renewable and flexible storage assets, across electrons and molecules,
including one of the largest pumped-storage hydro plants in Europe. Our JV
company Ocean Winds is one of the largest offshore wind generators in Scotland
with 1832 MW of operating capacity. We supply +17,000 business customers with
electricity and gas and accompany them in their decarbonisation journey. Over
its 20 years of operations in the UK, ENGIE has unlocked billions of pounds
into the country's energy transition.

 

ENGIE Financials

Turnover in 2024: €73.8 billion. The Group is listed on the Paris and
Brussels stock exchanges (ENGI) and is represented in the main financial
indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial
indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU
ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

 

 

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