Juwi has sold a 156MW solar photovoltaic portfolio in Greece to Mirova, according to the developer.
The company said the agreement covers the Clover PV portfolio and includes engineering, procurement and construction and operations and maintenance contracts for all four projects.
Juwi added that construction will begin in November 2025.
The projects are located in the regional units of Kozani and Grevena and have a combined installed capacity of 156MW.
The developer said the plants will generate more than 300 million kilowatt hours of electricity each year, enough to power more than 75000 people.
A total of 243500 bifacial modules, over 480 string inverters and 9100 single-axis trackers will be deployed across an area of 257 hectares.
Juwi said the deal demonstrates the strength of its diversified strategy, citing previous large-scale projects including the 204MW Kozani solar park, the 267MW Domokos portfolio and the 223MW Pike project in Colorado.
“Following last year’s landmark sale of the Hive solar portfolio, the largest in our history, the successful closing of the Clover portfolio further reinforces our position as a leading developer in selected international markets,” said Stephan Hansen, COO of the Juwi Group.
Hansen added: “We are proud to deliver projects that not only meet the highest technical standards but also contribute meaningfully to the energy transition.”
“Over the past five years, Juwi Hellas has successfully completed M&A transactions exceeding half a billion euros and has established itself as Greece’s benchmark for utility-scale solar development and EPC execution,” said Takis Sarris, managing director of Juwi Hellas.
Sarris added: “The sale of the Clover portfolio to Mirova, along with the signing of the EPC and O&M contracts, marks another important milestone in our journey.”
“This transaction perfectly illustrates our ambition with the investment strategy: to support high-quality developers in delivering large-scale, high-impact sustainable energy infrastructure,” said Helene Dimitracopoulos, managing director, deputy head of energy transition infrastructure.
Dimitracopoulos added: “By investing in the Clover portfolio, we are strengthening our presence in Southern Europe and making a concrete contribution to Greece’s energy transition, while targeting top-tier environmental and technical performance.”
Juwi said it worked with law firm Karatzas & Partners to complete the transaction.
Picture: Helene Dimitracopoulos, Managing Director, Deputy Head of Energy Transition Infrastructure, at Mirova and Takis Sarris, Managing Director of JUWI Hellas