HELLENiQ ENERGY launches first Romania solar parks with 58MW combined capacity

HELLENiQ ENERGY has brought its initial 58MW solar capacity in southern Romania to commercial operation, marking a tangible step in its 2023 commitment to develop 211MW of renewable assets. This operational milestone represents the Greek energy group's first foray into Romania's solar generation landscape. The two new parks, now producing power, directly contribute to HELLENiQ ENERGY's stated goal of expanding its renewable energy presence beyond its traditional oil refining and E&P activities. While the financial terms for these southern Romania projects remain undisclosed, their operational status confirms a shift from development to asset monetization for the developer. For HELLENiQ ENERGY, a Greek energy group historically focused on oil refining and hydrocarbon exploration, the 58MW operational capacity in southern Romania directly advances its strategic pivot into renewable energy. Metlen Energy & Metals, a global industrial and energy company, partnered on these projects, aligning with its stated objective to be at the forefront of the energy transition. This collaboration allows HELLENiQ ENERGY to build out its renewable energy portfolio in a new geography, while Metlen Energy & Metals expands its footprint within Romania's solar sector. The operational launch on March 10, 2026, demonstrates both companies' commitment to delivering tangible renewable energy assets.