Investment

Macquarie Asset Management acquires 50 per cent of Enel Green Power Hellas

29 December 2023

  • Macquarie Asset Management has acquired a 50 per cent stake in Enel Green Power Hellas for a total equity consideration of approximately €250 million.
  • Partnership formed with Enel Group to develop a pipeline of renewable energy projects in Greece. 

Macquarie Asset Management, on behalf of co-investors and managed funds, has acquired a 50 per cent stake in Enel Green Power Hellas from Enel Group for a total equity consideration of approximately €250 million.

Enel Green Power Hellas is a leading renewable energy developer and operator in Greece, with a 566 MW portfolio of onshore wind, solar, and hydropower projects in operation or under construction across its mainland and islands.

The portfolio comprises 59 operational projects totaling 482 MW of installed capacity powered by wind, solar and hydropower, and six solar projects under construction with an overall capacity of 84 MW. Its operational portfolio is the third largest in Greece1.

Read the full press release

Learn more about Enel Green Power Hellas

 

 

Footnotes

  1. BNEF, December 2022