US investor partners on Greek wind quartet

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Wind Farm

(Renews) – Enora and Quantum Energy Partners affiliate 547 Energy International European Holdings are to develop four wind farms in Greece totalling 135MW.

The move follows the partners securing four 20-year power purchase agreements with the country’s Regulatory Authority for Energy.

All four developments will be located in the central Macedonia region of Greece.

547 Energy chief executive and president Gabriel Alonso said: “This is an exciting milestone for 547 Energy as it marks our entrance into the European market.

“We are very pleased to partner with Enora, a leader in renewable energy development in Greece, to bring these commercially viable wind projects forward.

“At 547 Energy, we want to work with innovative companies, such as Enora, around the globe that focus on clean power generation, energy efficiency or the digitalization of the energy sector and look forward to growing our portfolio in the coming months.”

Enora is a subsidiary of Greek renewable energy company Enteka.

Enteka development director Panagiotis Papastamatiou said: “We have a long-standing business relationship with Gabriel Alonso and are very happy to be able to work with him again at 547 Energy to utilise our extensive experience in project planning, development, construction and operation.

“The 135MW wind projects awarded will support the efforts of Greece to achieve the ambitious energy and climate targets included in its updated energy plan for 2030.”

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