MET Group has entered into a share purchase agreement to acquire an SPV holding all the rights of the 52 MWp photovoltaic project located near Bucharest in southern Romania.
The solar project is expected to reach ready-to-build status by Q1 of 2023. Once operational, the project is expected to generate approximately 82 GWh per year of clean energy. The solar farm is set to be put into operation in 2024.
MET Group is already long-established in Romania for over 13 years with its local subsidiary, MET Romania Energy, supplying electricity, natural gas, and energy services to households and industrial consumers.