Motor Oil on Friday announced the acquisition of 75% of UNAGI AE, which operates in the photovoltaic sector.

In particular, UNAGI owns a 51% stake in a portfolio of photovoltaic projects in various stages with a total nominal capacity of 1.9 GW in Greece, and the transaction was made through its subsidiary MOTOR OIL RENEWABLE ENERGY (BOLSH).

“This transaction brings Motor Oil closer to its goal of 2.0 GW of renewable energy deployment by 2030, while significantly increasing the capacity of projects under development for MORE by adding mature projects that will receive connection terms in short order,” the statement said. company messages. announced.

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