Unigea Solar Projects Romania has acquired PV Helios at CET Arad Power Plan

Unigea Solar Projects Romania SRL has acquired PV Helios at CET Arad Power Plan.

Unigea Solar Projects Romania was founded in October 2023 as a subsidiary of Unigea Solar Projects GmbH in Germany, to develop, build and operate PV solar power stations in Romania.

PV Helios at CET Arad Power Plan is a large-scale PV development power station project with an area of 70 ha (former ash-deposit site) and 85 MWp dc PV panels ready-to-be-built and with a grid connection via the existing power sub-station, fully permitted, in the city of Arad, Romania, close to the Hungarian border. The project will be extended by battery storage facilities and later with green hydrogen production.

GPT is one of the leading privately owned gas trading companies in Romania since the 1990’s. It provided gas to the gas power station in Arad. GPT obtained licenses for PV developments in the area during the previous 4–5 years.

Oaklins’ team in Austria acted as advisor to the buyer and structured this transaction.