Meton Energy S.A. takes final investment decision to build two photovoltaic projects of 567 MWp in Central Macedonia
Type: Development · Technology: Solar · Country: Greece · Capacity: 567 MW · Value: EUR 418M · Announced: 2025-04-07
Meton Energy S.A. (joint venture of RWE Renewables Europe & Australia and PPC Renewables) has taken final investment decision to construct the Kotyli and Neo Syrakio solar farms totalling 567 MWp in Central Macedonia, Greece, financed by €418 million (including €175 million RRF funds and €169 million commercial debt) with 10-year PPAs signed with PPC and RWE Supply & Trading and construction starting spring 2025 for commissioning in 2027.
Counterparties
- RWE Renewables Europe & Australia (Investor)
- Greek commercial banks (Lender)
- Meton Energy S.A (Developer)
- RWE Supply & Trading GmbH (Offtaker)
- Public Power Corporation S.A. (PPC) (Offtaker)
- PPC Renewables (Investor)
- European Union – NextGenerationEU / Recovery and Resilience Facility (Greece 2.0) (Investor)
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