Money Buzz! Europa

Tag: MET Group

  • MET Group acquires a second wind park in Bulgaria

    MET Group acquires a second wind park in Bulgaria

    Swiss-based energy company MET Group has acquired a 100% stake in a 60-megawatt wind park in Bulgaria, from Spanish Grupo Enhol.

    The closing of the transaction for the 60MW Suvorovo Wind Park in Western Bulgaria, along the Black Sea coastline, is expected to take place in Q3 2021.

    Suvorovo Wind Park, representing 8,5% of the total installed wind capacity in Bulgaria, consists of 30 units of Gamesa G90 wind turbines – 2 MW capacity each.

    The wind farm, operating since 2012, produces approximately 120 GWh of electricity per year, supplying power equivalent to the consumption of around 38.000 households.

    With this acquisition MET will expand its operating wind portfolio in Bulgaria to 102 MW.

  • Met Group acquires a 42 MW wind park in Bulgaria

    Met Group acquires a 42 MW wind park in Bulgaria

    Swiss-based European energy company MET Group has completed the acquisition of a 100% stake in Enel Green Power Bulgaria EAD, which owns a 42-megawatt wind park in Bulgaria.

    The 42 MW wind park located in North-eastern Bulgaria is now wholly owned by MET Group, following the successful completion of a share and purchase transaction with Italian Enel Green Power as seller.

    The transaction was completed on 20 January 2021, and was cleared by the Bulgarian and Serbian competition authorities.

    The wind park, the 5th largest in Bulgaria, is located in the municipality of Shabla and Kavarna, with 14 units of Vestas-V90 wind turbines (3 MW capacity each).

    The wind farm, operating since 2010, supplies power equivalent to the consumption of around 30,000 households.

  • MET Group acquires a 42 MW wind park in Bulgaria

    MET Group acquires a 42 MW wind park in Bulgaria

    Swiss-based energy company MET Group has acquired a 100% stake in a 42-megawatt wind park in Bulgaria, after signing a share purchase agreement with Italian Enel Green Power.

    The wind park is located close to Kavarna, in North-eastern Bulgaria. The closing of the transaction is expected to take place before the end of December 2020.

    The wind park, the fifth largest in Bulgaria, consists of two sites in the municipality of Shabla and Kamen Bryag, with 14 units of Vestas-V90 wind turbines – 3 MW capacity each.

    The wind farm, operating since 2010, supplies power equivalent to the consumption of around 30.000 households.