Solar Konzept International has successfully sold its Greek subsidiary, Solar Konzept Greece, to Eni, enhancing Eni's renewable energy portfolio with an advanced 800 MW solar pipeline.

Information on the Target

Solar Konzept International (SKI), an established entity in the renewable energy sector, has successfully executed the complete divestment of its subsidiary, Solar Konzept Greece. The transaction involves the sale of 100% equity ownership, including the significant assets and dedicated team responsible for operations in Greece. As part of this deal, SKI's advanced pipeline of 800 MW solar energy capacity stands as a testament to its potential impact on the renewable energy landscape.

The buyer, Eni S.p.A., through Eni gas e luce, expands its portfolio into the Greek market, integrating SKI's extensive projects and expertise to enhance its position in the energy sector. The strategic acquisition underscores Eni’s commitment to expanding its renewable energy footprint across Europe.

Industry Overview in Greece

The renewable energy sector in Greece is experiencing robust growth, fueled by both government incentives and European Union policies aimed at reducing carbon emissions. With a growing focus on sustainability, the Greek