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Metka EGN Sells Four Solar Plants to Lightsource BP

Published on 2 Apr 2018
Mytilineos 
Metka EGN announces a new transaction with Lightsource BP to sell four operational solar photovoltaic power projects in the United Kingdom, with total capacity of 18MW.

The four solar projects were developed and constructed by Metka EGN to meet the 31 March 2017 deadline, and subsequently received accreditation under the 1.2 Renewable Obligation Certificate program.

Nikos Papapetrou, CEO of METKA EGN stated: "This successful transaction represents a great example of our end-to-end project development and execution capabilities, focused on high-quality, investment grade projects. We are delighted that this transaction was concluded with Lightsource BP, our major partner. Our international project development pipeline continues to grow and we are very optimistic on the prospects for this growing segment of our business."

Nick Boyle, Group CEO of Lightsource BP stated: "We are pleased to be adding 4 operational PV power projects to our rapidly expanding portfolio. Our in-house, strategic asset management and operation and maintenance teams will ensure these sites perform to optimum standard. This transaction affirms our competitive pricing in the market and we look forward to completing further transactions with solar asset owners like METKA EGN across the UK."


Source: Metka EGN
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