From the sale of Volterra RES portfolio, the group will have profits of about 40 million euros in the first half of 2022, as became known following yesterday’s announcement for the sale of Volterra RES portfolio to PPC Renewables.
According to the management of the group the proceeds from the sale of a mature activity will be used to fund investments in new activities with corresponding returns, such as PPPs and concessions in which the Group will play a leading role in the near future.
In addition, Volterra will continue activities across the energy spectrum, by developing a portfolio of approximately 100MW, which consists of RES projects (wind, photovoltaic and small hydroelectric) as well as energy storage projects (autonomous systems and hybrids), production licenses and other licensing stages. In addition, it actively participates in other energy projects with the development of a charger network in various selected areas of Greece but also in energy saving projects (ESCO).
Finally, Volterra continues its commercial activity in both the retail and wholesale sectors of electricity and gas. In addition, it is in the process of expanding its business through the conclusion of Power Purchase Agreements.
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