Impax partners with WATT + VOLT to pursue Greek solar development, starting with 200MW portfolio

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
WATT + VOLT see the 200MW portfolio as just the start of its relationship with Impax. Image: WATT + VOLT.

Greek energy company WATT + VOLT has signed a strategic cooperation agreement with English investment firm Impax Asset Management for the development, construction and operation of 200MW of solar PV projects in Greece.

The companies see the projects, which are already in a “mature stage of development” and are slated to start construction this year, as just the first cooperation between them, with plans to later collaborate on more projects and different renewable energy technologies.

WATT + VOLT Group president and CEO Anastasios Papanagiotou said: “by combining the innovative presence of our company in Greece with the great experience of Impax in large-scale RES projects, we will play a leading role in the transformation of our country’s energy sector.”

Carsten Johansen, managing director for infrastructure at Impax, said the firm was pleased to be working with WATT + VOLT in Greece and that Impax was “impressed by our interaction with the WATT + VOLT team to date and look forward to further deepening our collaboration in the coming years.”

“Impax seeks to invest in high quality companies with strong business models that demonstrate sound risk management while offering a comprehensive range of investment solutions covering multiple asset categories,” said the company.

In January, Impax partnered with clean energy financial technology provider Bullfinch Asset to invest in distributed solar generation in Germany.

Read Next

May 25, 2022
TotalEnergies has made its “largest investment in US renewables” to date, acquiring a stake in developer Clearway Energy.
April 8, 2022
A round-up of the latest projects news, including Mitsui investing in ReNew Power’s ‘round the clock’ (RTC) project in India, Canadian Solar selling a solar plus storage project and JinkoSolar delivering 500,000 bifacial modules to a Greek project.
March 11, 2022
Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
February 1, 2022
Sunnova Energy and Generac Power Systems are expanding their strategic partnership, with Sunnova now able to offer its customers Generac’s newly updated technology to its current suite of offerings, which will include energy storage units and for the first time, standby home generators, microinverters, and load managers.
PV Tech Premium
January 21, 2022
Greece is on track to accelerate solar deployment in the coming years, with the sector boosted by rising demand for renewable offtake agreements from corporations and clean energy policies from the EU, according to the general manager of Greek industrial group Mytilineos’s renewables business.
January 19, 2022
Energy major Shell has acquired 100% of PV project developer Solar-Konzept Italia (SKI), taking its solar development pipeline in Italy to around 2GW in the process.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas