Mirova acquires 156 MW Clover PV portfolio from JUWI Hellas

Mirova's acquisition of the 156 MW Clover PV portfolio from JUWI Hellas represents a significant investment in Greek solar infrastructure. The portfolio, consisting of four projects located in Northwest Greece, expands Mirova's sustainable investment footprint and aligns with their focus on long-term value creation through renewable energy assets. JUWI Hellas, a subsidiary of juwi AG, divesting this portfolio allows them to potentially re-allocate capital towards new development opportunities within the renewable energy sector. The transaction underscores the continued attractiveness of the Greek solar market for international investors. The deal is notable for its scale, involving a substantial 156 MW solar portfolio. Mirova, a dedicated sustainable investment asset manager, acquiring assets from JUWI Hellas, a well-established renewable energy developer, highlights the increasing institutional interest in renewable energy infrastructure. While the financial terms remain undisclosed, the transaction likely represents a multi-million euro investment, further solidifying the growth trajectory of the Greek solar market. Karatzas & Partners acted as advisor on the deal.