Athens-listed group, Mytilineos, has acquired another solar project in Queensland, Australia, through its Renewables and Storage Development (RSD) Business Unit.
The Greek company acquired the 110-megawatt (MW) Moura Solar Farm from ESCO Pacific, one of Australia’s leading solar farm developers and operators.
This acquisition brings Mytilineos’ Australian portfolio to 400 MW.
They recently announced the acquisition from ESCO Pacific of the 75 MW Wyalong Solar Farm in New South Wales, and have acquired a portfolio of six projects in NSW and Queensland, of which three (totalling 120 MW) are currently under construction.
“We are pleased to partner yet again with ESCO Pacific in Australia. The acquisition of Moura Solar Farm consolidates our position in the Australian market,” General Manager of the RSD Business Unit, Nikos Papapetrou, said in a press release.
Once constructed, the Moura Solar Farm will generate enough electricity to power approximately 40,000 Australian homes.
