Enlight Renewable Energy has signed an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia, across various stages of development. The portfolio comprises five projects, four of which are solar, totaling 386 MW, and one of which is wind, totaling 139 MW. Enlight expects the projects to commence construction from the end of 2023 through 2025, subject to the successful completion of the development phase for each project.
The portfolio is one of the largest and most advanced portfolios of renewable energy projects in Croatia. It will enable Enlight to diversify its activity in Croatia to include significant solar projects, alongside its existing operational high-quality Lukovac wind project. As a member of the European Union, Croatia has adopted a far-reaching National Energy and Climate Plan to increase the generation of electricity from renewable sources from 28 perc