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