Greenvolt sells Hungarian solar park to Greece's PPC for €64.2 million
Greenvolt Power has agreed to sell the 57.47 MWp Kira solar park in southern Hungary to Greek energy group PPC for €64.2 million, with completion expected by late 2026.
Portuguese renewable energy company Greenvolt, operating through its subsidiary Greenvolt Power, has agreed to sell its Kira solar photovoltaic facility in southern Hungary to Greek energy utility PPC for €64.2 million.
Situated in Királyegyháza, the solar farm has a capacity of 57.47 megawatts peak (MWp). The facility began commercial operations in July 2024 and operates under a feed-in tariff mechanism.
The completion of the transaction is scheduled to take place by the end of 2026, subject to customary closing procedures, regulatory authorizations, and due diligence checks typical for transactions of this nature.
Sources: Diário de Notícias (DN), Jornal Económico.