R Energy 1 was established in July 2011 and since then constructs and operates renewable energy sources facilities focusing in solar and wind energy. In Dec 2022, the operations of R Energy 1 were transferred to R Energy 1 Holdings, which since then became the parent company of the Group.
The total installed capacity of the Group stands at 44 MW, encompassing 80 PV parks, with total annual production of 70 mn KWh. The growth of R Energy 1 Holdings continues smoothly, and its investment program is evolving at an intensive pace. The Group’s goal is the total installed capacity to reach 180 MW until YE2027. In this context, new wind and photovoltaic parks projects with a total capacity of approximately 140 MW, in addition to energy storage projects, are being developed and designed.
During the past eleven years the Group has implemented an investment plan amounting to around €60 million.
R Energy 1 received in Jan-2023, for the 7th consecutive year an “A” ICAP Rating, while it issued a corporate bond (totaling 4.7 mn euro) listed on the secondary market of the Athens Stock Exchange since July 2022.