Launched in 2007, our headquarters are in Athens, Greece with a team of 17 that oversees the global and local functions of the company. By 2030, renewables are expected to exceed 61% of Greece's energy sources, with a strong demand for solar and wind.
Operations
In Greece, we manage a 72 MW portfolio of wind and solar (PV) assets in operation and are developing a 77 MW portfolio of wind and storage projects. By originating and developing projects, EuroEnergy plans to harness its long-standing experience in the country by growing its existing portfolio to reach a scale of approximately 400 MW in operation by 2027.
Country Highlights
Greece offers exceptional opportunities for renewable energy investment, boasting abundant natural resources, particularly high solar irradiance, and consistent wind speeds. The ambitious National Energy and Climate Plan, targeting a significant increase in renewable energy capacity by 2030, is evidence of the country's commitment to green transition.
Supportive government policies, including favorable feed-in tariffs and streamlined permitting processes, enhance Greece's appeal for RES investments. Additionally, there is a growing demand for green energy among consumers and businesses, driven by environmental awareness and various economic benefits of renewable energy.
We entered Croatia in 2023 and will establish a local office in Zagreb in 2024 led by a Country Manager. Croatia's 2030 National Energy and Climate Plan (NECP) aims to increase the share of renewable energy in the country's energy consumption from 28% in 2022 to 36.4% by 2030.
Operations
In January 2023, EuroEnergy signed an agreement to acquire a 114 MW wind project under development. EuroEnergy’s goal is to formalize its presence in the country with at least 100 MW of assets in operation by 2027.
Country Highlights
Croatia is a growing market for renewable energy investments, with vast green energy development potential, boasting abundant solar, wind, and hydroelectric resources. The government's ambitious 2030 National Energy and Climate Plan (NECP) targets a considerable portion of energy consumption to be met by renewables, a commitment that has been supported by several investments in renewable infrastructure, particularly in solar and wind capabilities.
Investors are drawn to Croatia not only for its natural resources but also for its recently revised, streamlined legislative framework facilitating renewable energy development. Additionally, the country benefits from funding initiatives like the Recovery and Resilience Facility (RRF), aimed at modernizing the national electricity grid to align with the 2030 NECP goals.