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Masdar acquires a solar project of more than 550 MW in Greece from Lightsource bp

FinanceInternationalInspenet45 s readAI summary
Image: Inspenet

Masdar, headquartered in Abu Dhabi, closed an agreement with Lightsource bp to acquire and develop a photovoltaic complex of more than 550 MW in Greece, which will include a battery storage system. The facility is expected to begin commercial operations at the end of 2026 and to supply electricity equivalent to the annual consumption of more than 200,000 Greek households. The project requires two privately owned electrical substations to connect to the country's transmission system. It is the Emirati group's first strategic investment through TERNA ENERGY.

In 45 seconds

  • Masdar buys a solar project of more than 550 MW in Greece from Lightsource bp, with battery storage.
  • The complex is expected to operate commercially at the end of 2026 and supply the annual consumption of more than 200,000 Greek households.
  • The deal is Masdar's first strategic investment through TERNA ENERGY, whose 100% it acquired in April 2025.
Read the full story at Inspenet

IASummary generated by artificial intelligence from a story by Inspenet. It may contain errors: the original source prevails.

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