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Announced

Completed

Hellenic Petroleum completed the acquisition of a portfolio of solar photovoltaic operational assets from Trina Solar.

Synopsis

Hellenic Petroleum, one of the largest oil companies in the Balkans, completed the acquisition of a portfolio of solar photovoltaic operational assets from Trina Solar, a total solution provider for solar energy. Financial terms were not disclosed. "This transaction with such a leading player – completed by our highly professional EU team - marks another important step in Trina’s continued interest and presence in Greece, where it has been operating over nearly 10 years. The sale of this operating portfolio is consistent with our renewed commitment to keep on developing its significant greenfield pipeline in EU and to further expand it in the coming years becoming one of the leading players in the European markets," Leonardo Lotti, Trina Solar Head of EU Systems.

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