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Metlen partners with Tsakos on Greek renewable power project

Jan 22 (Reuters) - Greek energy and metals group Metlen MTLN.L said on Thursday it had signed a strategic partnership with the Tsakos Group to help develop one of the country's largest hybrid renewable power projects.

Metlen will hold a 40% stake in a new joint venture with Tsakos, which will own the remaining 60%. The venture plans to build and operate a hybrid power plant in central Greece combining a 251.9 megawatt photovoltaic park with a 375 MW-per-hour energy storage system, Metlen said.

The group added that construction was expected to begin in 2026, with completion targeted for early 2028.

 (Reporting by Antonis Pothitos.  Editing by Mark Potter)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))

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