PPC Group and METLEN Energy & Metals join forces to develop up to 1,500MW of energy storage projects across three countries
05.03.2026 - 12:15:22 | dgap.de| Metlen Energy & Metals S.A. / Key word(s): Joint Venture PPC Group and METLEN Energy & Metals join forces to develop up to 1,500MW of energy storage projects across three countries 05.03.2026 / 12:15 CET/CEST The issuer is solely responsible for the content of this announcement. Energy storage projects with a total nominal capacity of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and ItalyTwo-hour liquid-cooled battery systems featuring innovative LFP technologyThe two parties combine expertise in development, construction and energy managementStorage stations support the operation of photovoltaic and wind parks and contribute to power system stabilityATHENS, Greece and LONDON, March 5, 2026 /PRNewswire/ -- PPC Group and METLEN, leading Greek companies in the electricity sector in Greece and the wider region, have signed a Joint Venture Agreement (JVA) for the establishment of a joint venture company, in which each party will hold a 50% stake. The purpose of the joint venture is the development, construction and operation of a portfolio of BESS (Battery Energy Storage System) projects of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and Italy, of which 1,000 MW are expected to be implemented within the next 12 months. ![]() ![]() 05.03.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. View original content: EQS News |
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