METLEN contracts new third-party projects totaling 1.1 GW in Greece, Spain, Italy, Chile, New Zealand, and the United Kingdom

Metlen Energy & Metals has secured €463.1 million in new third-party contracts, focusing on engineering, procurement, and construction (EPC) alongside operations and maintenance (O&M) for 1.1 GW of utility-scale solar and wind assets. This strategic move sees the global industrial and energy company expanding its service footprint across six distinct countries: Greece, Spain, Italy, Chile, New Zealand, and the United Kingdom. The commercial logic behind these contracts centers on Metlen capitalizing on the robust demand for renewable energy infrastructure without taking direct ownership risk of the underlying assets. By providing comprehensive EPC and O&M services, Metlen generates substantial revenue streams from its energy sector expertise, leveraging its position at the forefront of the energy transition. This approach allows Metlen to scale its involvement in the global renewables build-out rapidly, securing long-term service agreements across diverse international markets. These €463.1 million contracts directly reinforce Metlen Energy & Metals' stated strategic positioning at the forefront of the energy transition, specifically within its Energy business sector. As a global industrial and energy company, Metlen demonstrates its capability to execute large-scale utility projects (1.1 GW) across a geographically dispersed portfolio for its clients. The provision of both EPC and O&M services confirms Metlen's role as a critical enabler for other developers navigating the complexities of renewable energy project delivery in multiple jurisdictions. This expansion significantly bolsters Metlen's service backlog and future revenue visibility, enhancing its portfolio without increasing its direct asset ownership. The broad geographic spread, encompassing European markets like Greece and Spain alongside distant regions such as Chile and New Zealand, highlights the global demand for experienced and reliable renewable energy infrastructure service providers.