Asterion has acquired a 50% stake in TotalEnergies Greece's renewable assets, marking its strategic entry into the Greek power market.

Information on the Target

Asterion has successfully acquired a 50% stake in TotalEnergies Greece's renewable energy assets, which comprise a robust portfolio of wind and solar projects generating a total of 424 MW. This strategic acquisition marks Asterion's entry into the expanding Greek power market, leveraging a strong foundation in renewable energy resources.

The renewable assets under TotalEnergies Greece represent a significant opportunity, as they are situated in a region that is increasingly prioritizing sustainable energy solutions. The portfolio is expected to contribute positively to Asterion's overall strategy of investing in renewable infrastructure across Europe.

Industry Overview in Greece

The renewable energy sector in Greece has witnessed remarkable growth over the past few years, driven by government initiatives and investments aimed at transitioning towards sustainabl