Global Infrastructure SherpaENNA Group and Azerbaijan Renewable Energy Agency (AREA) sign MoU for renewable energy cooperation in Azerbaijan
ENNA Group, headquartered in Zagreb, Croatia, signed a Memorandum of Understanding (MoU) with the Azerbaijan Renewable Energy Agency (AREA) to explore cooperation on renewable energy projects in Azerbaijan. This partnership includes assessing solar and wind opportunities and evaluating technical and economic conditions for potential investments, marking ENNA as the first Croatian company to establish such a framework with AREA. The signing took place in Baku during the Twelfth Ministerial Meeting of the Southern Gas Corridor Advisory Council and the Fourth Ministerial Meeting of the Green Energy Advisory Council.
Counterparts (2)
Subscribe to access full counterpart details, deal analysis, and timeline.
Subscribe from €20/mo →Deal Analysis
- ENNA Group is the first Croatian company to sign a renewable energy framework with Azerbaijan's AREA.
- ENNA Group, a diversified industrial group, has over 2,000 employees and operations in 15 European countries.
- The partnership explores both solar and wind opportunities, indicating a hybrid technology focus.
- Signing occurred in Baku during both Southern Gas Corridor and Green Energy Advisory Council meetings.
Source Intelligence
Through this MoU, ENNA became the first Croatian company and among the first European companies to establish a cooperation framework with AREA. The initiative supports ENNA’s international expansion through its Energy division. The signing took place in Baku during the Twelfth Ministerial Meeting of the Southern Gas Corridor Advisory Council and the Fourth Ministerial Meeting of the Green Energy Advisory Council.
"Zagreb, Croatia headquartered ENNA Group has signed memorandum of understanding (MoU)"
"with the Azerbaijan Renewable Energy Agency (AREA)."
Timeline
Get the full picture — timeline, source intelligence, and counterpart analysis.
Subscribe from €20/mo →