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Macquarie buys 50% of Enel’s Greek subsidiary

RICHARD HEAP

January 1, 2024

Macquarie Asset Management has paid €250m for a 50% stake in Italian utility Enel’s Greek renewables subsidiary.

Enel Green Power Hellas has a 566MW portfolio of onshore wind, solar and hydropower projects in operation or under construction in Greece. This includes 59 operational projects totalling 482MW, and six solar farms totalling 84MW under construction.

The acquisition was announced in July 2023 and concluded last month.

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