New Deal in Photovoltaics 

RESINVEST entered into an agreement with REDEN, a French Group, for the purchase of a photovoltaic projects’ portfolio, of 174 MW total power, taking into account the possibilities of amendments.

In particular, this agreement includes the purchase of 4 companies that hold the Producer Licenses for photovoltaic parks on behalf of REDEN Hellas. These projects were designed, developed, and licensed from RESINVEST starting from the greenfield phase and are now in the process of environmental licensing.

According to the agreements signed by the two companies, RESINVEST undertakes towards REDEN the total development of the projects, that include the study, technical design, licensing, safeguarding of the required land for the power stations and for the interconnection with the energy transmission system.

“We are delighted to start cooperation with REDEN, one of the most important French groups specializing in the domain of photovoltaic power stations. RESINVEST team will provide services of high standards to our partners to ensure the technical integrity and to maximize the economic efficiency of the projects”, said RESINVEST’s General Director.