HELLENiQ ENERGY Holdings S.A. has announced plans to invest more than USD 1.11 billion in Romania by 2030, as part of its strategy to develop a diversified energy portfolio in Southeastern Europe.

The investment plan, disclosed through a regulatory announcement on 10.11.2026, aims to further expand the Group's activities in Renewable Energy Sources (RES) and energy storage. The plan supports the Group's medium-term target of achieving more than 2 GW of installed RES capacity by 2030.

Current Footprint in Romania

Through its subsidiary HELLENiQ Renewables, the Group already has 211 MW of solar photovoltaic projects in operation in Romania. In addition, a 96 MW wind park is currently under construction, with completion scheduled for the second quarter of 2027.

Beyond these operational and construction-stage assets, the Group's total development portfolio in Romania exceeds 800 MW of RES projects and 500 MW of battery energy storage systems (BESS).

Progress on the Romanian PV Portfolio

The announcement comes alongside a separate regulatory notice confirming that the delivery and start of commercial operations for two photovoltaic parks in southern Romania, with a total capacity of 58 MW, have been successfully concluded.

These parks form part of an agreement signed in 2023 with METLEN for the construction and acquisition of four photovoltaic parks with a total capacity of 211 MW. The delivery and start of operations of the remaining two projects, with a total capacity of 153 MW, are expected within 2026.

Expected Benefits for Romania's Energy System

According to the company, the planned investments will contribute to Romania's energy security, support the integration of more renewable energy into the electricity system, and enhance the flexibility and resilience of the grid.

Broader Corporate Developments

The Romanian investment plan is one of several recent regulatory announcements from HELLENiQ ENERGY Holdings. The Company has also disclosed that it reached an agreement with Chevron regarding the latter's participation in the offshore concession area "Block 10", located offshore the Kyparissiakos Gulf in the Southern Ionian Sea.

In addition, in response to a letter from the Hellenic Capital Market Commission, the Company provided information regarding the potential effects of the ongoing crisis in the Persian Gulf.

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