Swiss energy company MET Group has signed a share purchase agreement with Italy’s Enel Green Power to buy out its 42-megawatt wind park in Bulgaria. Financial terms were not disclosed.
The wind park is the fifth-largest in Bulgaria, consisting of two sites in the municipality of Shabla and Kamen Bryag with 14 Vestas-V90 wind turbines, each with a 3-megawatt capacity. The wind farm has been in operation since 2010, and it supplies enough clean energy to power some 30,000 households.
“This acquisition is a clear sign of the implementation of MET Group’s integrated strategy to develop a strong renewable portfolio in the CEE region,” said Benjamin Lakatos, CEO of MET Group. “Our goal is to build a geographically diversified portfolio of power generation and infrastructure assets, with a substantial renewable asset portfolio.”
MET said it considers the growth in the renewable power generation in Central and Eastern Europe as a core part of its business st
