Helleniq Energy to acquire 211 MW solar portfolio from Mytilineos.

Helleniq Energy, an oil company, agreed to acquire 211 MW solar portfolio, four solar parks in Southern Romania, from Mytilineos, a global industrial and energy company. Financial terms were not disclosed. This agreement marks HELLENiQ ENERGY Group’s entry into Romania’s rapidly-growing RES market. It is also the Group’s second entry in the international RES market over the last months, following the recent entry in Cyprus’ RES market, accelerating its portfolio growth and strengthening its extroversion.