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Market entry of wpd in Greece

08/05/2021

wpd opens up the Greek market for onshore and offshore wind energy and solar energy. The company is active with its own companies - wpd solar Hellas and wpd Hellas onshore - and is taking up project development activities in the wind and solar sectors at its Athens location with the support of the German wpd team.

As an independent subsidiary, wpd solar Hellas will develop its own portfolio of PV projects, in addition to the proven cooperation with Zephiros EPE where currently three PV portfolios with a total capacity of 345 MW are under development. The goal is to participate in the state auctions this year and then to realize and operate the portfolios. As one of the world’s leading companies in offshore wind energy, wpd intends to leverage its vast experience in this sector and is looking for opportunities to expand its portfolio in Greece. "We are open to cooperations and opportunities in the Greek market," says Constantinos Faitatzoglou, Head of project development at wpd solar Hellas and contact person for offshore inquiries. "Thanks to our experience and successful local collaborations, we can get started here right away."

In the area of onshore wind, the focus of project development will be on in-house development, greenfield development and the establishment of new cooperations. The intensive negotiations currently underway open up good opportunities to build up an attractive pipeline in the coming months. Here, too, wpd can contribute diverse know-how and extensive experience from 25 years of commitment to renewable energies. Aris Liaskos, Head of Project Development at wpd Hellas onshore, is optimistic about the future: "With an investment plan comprising over 500 MW, wpd will dynamically position itself in the currently very active Greek market and successfully implement new projects and partnerships."

KeyFacts Energy: wpd Greece country profile

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