PPC Group and METLEN Energy & Metals form 1.5 GW battery storage partnership
1.5 GW
Capacity
development
Stage
PPC Group and METLEN Energy & Metals have signed a Joint Venture Agreement to establish a new company for the development, construction, and operation of up to 1.5 GW / 3 GWh of battery energy storage systems across Romania, Bulgaria, and Italy.
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Counterparts (2)
Partner
Metlen Energy & Metals
Metlen Energy & Metals is a global industrial and energy company covering two business sectors: Energy and Metallurgy. The company is strategically positioned at the forefront of the energy transition as an integrated utility and is established as a reference point for competitive green metallurgy at the European and global level.
P
PPC Group
PPC Group (Public Power Corporation S.A.) is the largest electricity producer and supplier in Greece, undergoing a significant transformation towards green energy. Its strategy involves divesting lignite assets, investing heavily in renewable energy sources, energy storage, and expanding its presence in Southeast Europe, aiming to become a leading clean energy utility in the region.
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PPC Group and METLEN Energy & Metals announced a Joint Venture Agreement on 2026-03-05 to establish a new company. This partnership will develop, construct, and operate up to 1.5 GW / 3 GWh of battery energy storage systems across Romania, Bulgaria, and Italy.
- PPC Group and METLEN Energy & Metals JV.
- 1.5 GW / 3 GWh battery storage systems.
- Romania, Bulgaria, Italy deployment.
- Announced 2026-03-05.
Source Intelligence
“
Capacity
1.5 GW battery storage partnership
“
Location
across Romania, Bulgaria, and Italy
“
Announcement
5 March 2026
PARTIES MENTIONED IN SOURCE
P
PPC Group
developer
"PPC Group and METLEN Energy & Metals have agreed to jointly develop"
M
METLEN Energy & Metals
developer
"PPC Group and METLEN Energy & Metals have agreed to jointly develop"
medium quality
Enriched Mar 9, 2026
Timeline
Announced
Mar 5, 2026
Signed
Closed
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