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PPC to Acquire ABO Energy Poland and Hungary Subsidiaries, 2GW Pipeline

ABO Energy logoABO Energy
Sig2.85Sen+2.35Env+0.40Soc+0.20Gov+0.30

ABO Energy agreed to sell its Polish and Hungarian subsidiaries to Greece’s Public Power Corporation (PPC). The deal covers all 38 employees in both countries, a renewables development pipeline of about 2GW, and five operating solar parks totaling 82MW. Financial terms are undisclosed, with closing expected by year-end as ABO focuses on selected markets.

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