Deals Counterparts

PPC and METLEN plan 1.5GW storage portfolio

Partnership Storage announced Romania Mar 5, 2026
1.5 GW
Capacity
development, construction, operating
Stage

PPC Group and METLEN Energy & Metals signed a joint venture agreement to develop a 1.5GW/3GWh battery energy storage portfolio across Romania, Bulgaria, and Italy.

Get daily storage deal alerts — free, no spam.

Sign up free to access full counterpart details, deal analysis, and timeline.

Sign up free →

Deal Analysis

PPC Group and METLEN Energy & Metals announced a joint venture partnership on 2026-03-05 to develop a 1.5GW/3GWh battery energy storage portfolio. This partnership will deploy the 1.5GW capacity across Romania, Bulgaria, and Italy. PPC Group, Greece's largest electricity producer, and METLEN Energy & Metals, a global industrial and energy company, are the partners in this announced deal.
  • PPC Group and METLEN Energy & Metals partnership
  • 1.5GW/3GWh battery energy storage capacity
  • Locations: Romania, Bulgaria, Italy
  • Announced 2026-03-05

Source Intelligence

KEY DETAILS

The companies will each hold a 50% stake in the joint venture. Around 1000MW of the planned capacity is expected to be implemented within the next 12 months. The storage projects will use two-hour liquid-cooled battery systems featuring LFP technology. The projects will support the operation of nearby photovoltaic and wind farms by storing surplus energy and supplying it to the grid during periods without sun or wind. The battery systems will also contribute to electricity system stability and optimise the management of renewable energy production.

Capacity
The portfolio will have a total capacity of up to 1500MW/3000MWh, according to PPC Group.
Location
develop battery energy storage projects across Romania, Bulgaria and Italy.
Announcement
5 March 2026
Signing
PPC Group and METLEN Energy & Metals have signed a joint venture agreement
PARTIES MENTIONED IN SOURCE
P
PPC Group developer

"PPC Group and METLEN Energy & Metals have signed a joint venture agreement to develop battery energy storage projects across Romania, Bulgaria and Italy."

M
METLEN Energy & Metals developer

"PPC Group and METLEN Energy & Metals have signed a joint venture agreement to develop battery energy storage projects across Romania, Bulgaria and Italy."

high quality Enriched Mar 8, 2026

Timeline

Announced
Mar 5, 2026
Signed
Mar 5, 2026
Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Sign up free →
Track Storage deals