Ib Vogt has sold a 66MWp solar PV project to the Hungarian MOL Group.
The solar farm will become operational in the first quarter of 2025, and it located in Ballószög, Bács-Kiskun county, Hungary.
The project is Ib Vogt’s first in Hungary
Ib Vogt CEO Anton Milner: “We are more than happy to work with MOL Group in their strategic goal to increase renewable energy sources to cover the growing electricity demand.
“This project marks a true milestone for our team in Hungary and for ib vogt as a continuously growing organisation, bringing clean energy to more and more markets around the world”, Milner said.
Ib Vogt has developed the project and will provide engineering, procurement, and construction (EPC) services as well as operations & maintenance (O&M), once completed.
Finergreen acted as financial advisor and Dentons acted as legal advisor on the transaction.