R-ENERGY 1 agrees with German VENSYS for the construction of a 16.4MW Wind Park in Central Greece

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R-ENERGY 1 agrees with German VENSYS for the construction of a 16.4MW Wind Park in Central Greece

R Energy 1 continuing its business plan, has recently signed an agreement with the German gearless wind turbine manufacturer Vensys Energy AG. This agreement aims to provide R Energy 1 with four wind turbines of 16.4 MW capacity in total and contribute to the construction of R Energy 1st Wind Park in the area of Central Greece.

Along with the development of its Wind Park R Energy 1 has also signed, during the first half of June, an agreement to acquire 100% of the share capital of three companies owned by Sunel Group. The above-mentioned companies, named «A.L. ENERGIAKI ΙΚΕ», «Α.P. ENERGIAKI ΙΚΕ», and «Ε.P. ENERGIAKI ΙΚΕ» own and operate 35 PV Parks of 17.5 MW total capacity and in the meantime, they plan to start the construction of another 13 PV parks of 6.5 MW total capacity that are expected to be operational until the end of the year.

In Summary as a group, R Energy 1 will have managed to own and operate 79 PV Parks until the end of 2022, having accomplished to multiply the total capacity of its operational parks by four times in less than two years, while at the same time the three new acquired companies and the development of the Wind Park will increase the Revenue of R Energy 1 group exponentially.