News

Metka’s subsidiary wins international contracts

Published

December 28, 2015

Comments

comments icon

0

Share

Published:

December 28, 2015

Comments:

comments icon

0

Share

Athens-listed firm Metka said its subsidiary Metka EGN has signed contracts for turn-key engineering, procurement and construction (EPC) as well as the operation and maintenance of seven photovoltaic power production units with a total capacity of over 116 MW in Puerto Rico and the United Kingdom.

The contracts add up to EUR 112 million, the company announced. Metka, owner of 50.1% of the subsidiary, is a member of the Mytilineos Group. The largest of the contracts is with Oriana Energy LLC, a subsidiary of independent solar power producer Sonnedix Group, (IPP), for a 57 MW project in Puerto Rico. Together with the EPC for the solar plant, which will be completed in mid-2016, Metka EGN will also provide operation and maintenance services.

Further six contracts have been signed for projects in the United Kingdom with investors including Lightsource and Moser Baer, both existing clients, and Canadian Solar, a new one, the press release said.

Metka EGN is a joint venture with Egnatia Group, established in October and focused on utility-scale projects for the global solar power market. The two Greek companies have operations in the Middle East, while Egnatia owns solar parks in Romania and Bulgaria, too. Its portfolio in the Balkans, including Greece, consists of facilities with the capacity between 8.6 MW and 13 MW.

Related Articles

Gas power plant Brestanica Slovenia photovoltaic unit

Gas power plant Brestanica in Slovenia adds photovoltaic unit

11 June 2025 - A 466 kW solar power plant entered regular operation at Slovenian state-owned gas power plant Termoelektrarna Brestanica (TEB)

slovenia krsko 2 nuclear power plant study youth for climate justice

Krško 2 nuclear project not profitable for private investors but state could find motive – study

11 June 2025 - Slovenian NGO Youth for Climate Justice has conducted what it claims to be the first independent economic study on the Krško 2 nuclear project

croatia european commission electricity prices firms renewables semester zagreb

Brussels to Croatia: Boost renewables, flexibility for cheaper industrial electricity

11 June 2025 - The European Commission issued recommendations for Croatia under the 2025 European Semester: Spring Package

EDPR reportedly exiting Greece all power plants projects on sale

EDPR reportedly exiting Greece as all power plants, projects are on sale

11 June 2025 - EDP Renewables (EDPR) is about to divest of all its assets in Greece and leave next year, according to the domestic media