Deals Counterparts

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

Development Solar announced Romania Mar 10, 2026
58 MW
Capacity
operating
Stage

HELLENiQ ENERGY has completed and started commercial operations of two photovoltaic parks with a combined capacity of 58MW in southern Romania. These projects are part of a 2023 agreement with METLEN covering the development and acquisition of four solar projects with a combined capacity of 211MW. The launch marks HELLENiQ ENERGY's first operational renewable energy assets in Romania, contributing to its goal of reaching over 300MW installed capacity in the country by Q2 2027.

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Deal Analysis

HELLENiQ ENERGY just brought its first 58MW of solar capacity online in Romania, activating two photovoltaic parks in the south. These are the Greek energy group's initial operational renewable assets in the country, part of a larger 211MW development and acquisition agreement with Metlen from 2023. This launch advances HELLENiQ's ambition to reach over 300MW installed capacity in Romania by Q2 2027. It also demonstrates Metlen's commitment as a global industrial and energy company actively driving the energy transition through project development.
  • HELLENiQ ENERGY's inaugural operational renewable assets in Romania.
  • 58MW combined capacity from two new solar parks.
  • Part of a 211MW development agreement with Metlen from 2023.
  • Contributes to a 300MW Romania target by Q2 2027.

Source Intelligence

KEY DETAILS

The projects are part of a 2023 agreement with METLEN covering the development and acquisition of four solar projects with a combined capacity of 211MW. The remaining two projects under the agreement, with a total capacity of 153MW, are expected to be completed and enter commercial operation in 2026. The Romanian solar parks mark the group’s first operational renewable energy assets in the country. Construction of a 96MW wind farm in northeastern Romania is scheduled for completion in the second quarter of 2027, which will bring HELLENiQ ENERGY’s total installed capacity in the country to over 300MW. The company’s total renewable energy portfolio in Romania exceeds 850MW across solar, wind and energy storage projects. HELLENiQ ENERGY is currently active in renewables across Greece, Romania, Cyprus, Bulgaria and the Republic of North Macedonia with 564MW of capacity in operation. The group aims to reach 1.5GW of installed renewable capacity within the next three years and more than 2GW by 2030. Following the integration of Enerwave in 2025, the renewables, power and gas businesses form a central pillar of the group’s transformation and growth strategy.

Capacity
HELLENiQ ENERGY has completed and started commercial operations of two photovoltaic parks with a combined capacity of 58MW in southern Romania.
Location
two photovoltaic parks with a combined capacity of 58MW in southern Romania.
Signing
part of a 2023 agreement with METLEN
COD
HELLENiQ ENERGY has completed and started commercial operations of two photovoltaic parks with a combined capacity of 58MW in southern Romania.
Expected Close
HELLENiQ ENERGY added that the remaining two projects under the agreement, with a total capacity of 153MW, are expected to be completed and enter commercial operation in 2026.
PARTIES MENTIONED IN SOURCE
H
HELLENiQ ENERGY developer

"HELLENiQ ENERGY has completed and started commercial operations of two photovoltaic parks with a combined capacity of 58MW in southern Romania."

M
METLEN developer

"The company said the projects are part of a 2023 agreement with METLEN covering the development and acquisition of four solar projects with a combined capacity of 211MW."

medium quality Enriched Mar 10, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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