The Delfini Solar Project will be one of the
first solar projects in Greece to utilize a private power purchase
agreement
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy, today
announced that Ameresco Energy Hellas S.A., a wholly-owned
subsidiary of Ameresco Inc. and Sunel Group, an international
developer and EPC contractor for energy projects, have been
selected by Cero Generation, a leading European solar energy
developer, as the contractors for “Delfini”, a 100 MWp solar
photovoltaic (PV) project.
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Cero Generation Selects Ameresco and
Sunel as Partners on 100MWp Delfini Solar Project. (Photo: Business
Wire)
As part of the project, Ameresco SUNEL Energy S.A. - the joint
company already established in Greece - will undertake the
Engineering, Procurement and Construction (EPC) of the 100-MW solar
PV park in Prosotsani Drama, Greece. The Delfini solar project is
one of Greece's first solar project to utilize a private power
purchase agreement that does not benefit from government subsidies
on electricity costs. The launch of the Delfini solar project marks
the start of a new chapter for the delivery of cheaper, clean
energy to Greece’s grid.
“We are delighted to be partnering with Ameresco and Sunel Group
on this landmark project. Against the backdrop of an ongoing energy
crisis, we're helping to deliver cheaper, cleaner power across the
country and supporting the government's ambitious transition goals.
This project is an important step in the expansion of Cero's Greek
portfolio and one of many market-leading projects in our pipeline,”
said Marta Martinez Queimadelos, CEO of Cero Generation.
“We’re thrilled to have been selected as a partner on this
innovative and important project. As one of the first private power
purchase agreement for a solar project in Greece, this move sets
the stage for future contracts that will stand to benefit the
country both economically and environmentally,” said Britta
MacIntosh, SVP, Ameresco “It’s an honor to play such an active role
in developing a greener and cleaner future for Greece.”
"Sunel Group's collaboration with Cero and Ameresco on the
'Delfini' project is an important milestone, as it gives us the
opportunity to leave our footprint in yet another important
photovoltaic project. Cero is a valuable partner for us. Our
commitment is to successfully deliver the Delfini project, on time
and with high quality, thus strengthening our collaboration for its
future projects" said Sunel Group CEO Konstantinos Zygouras.
Mr. Zygouras also emphasized that "The partnership of SUNEL
Group with Ameresco opens new possibilities for growth in addition
to this first specific project in Greece, as we are jointly
exploring the expansion to additional countries and the creation of
new models for providing specialized services to prospective
investors.”
Project construction has begun and is expected to reach
completion by Q3 2023. The Cero, Ameresco and Sunel project teams,
along with recognized dignitaries such as Kostas Skrekas, Minister
of Energy and Environment, Adonis Georgiadis, Minister of
Development and Investment, and Nikolas Tagaras, Deputy Minister of
Energy and Environment, celebrated the launch of the project with
an in-person event in Athens on July 13, 2022.
To learn more about the energy efficiency solutions offered by
Ameresco, visit www.ameresco.com/energy-efficiency/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
cleantech integrator and renewable energy asset developer, owner
and operator. Our comprehensive portfolio includes energy
efficiency, infrastructure upgrades, asset sustainability and
renewable energy solutions delivered to clients throughout North
America and Europe. Ameresco’s sustainability services in support
of clients’ pursuit of Net Zero include upgrades to a facility’s
energy infrastructure and the development, construction, and
operation of distributed energy resources. Ameresco has
successfully completed energy saving, environmentally responsible
projects with Federal, state and local governments, healthcare and
educational institutions, housing authorities, and commercial and
industrial customers. With its corporate headquarters in
Framingham, MA, Ameresco has more than 1,000 employees providing
local expertise in the United States, Canada, and Europe. For more
information, visit www.ameresco.com.
About Sunel Group
SUNEL Group is an international EPC contractor and Developer.
Founded in 2006 by Greek stakeholders, the group has won the trust
of the international investment community by its professionalism,
reliability, efficiency, and work ethic, thus creating a strong and
recognizable brand. Since 2012, Sunel has been rapidly expanding,
by establishing operational centers in Athens, London, Valencia,
Dubai and Istanbul. It has operated on 4 continents and has
implemented to date 500+ projects, with a total capacity of over
1,000 MWp in Greece, Cyprus, Turkey, United Kingdom, France, Spain,
the Ukraine and the United Arab Emirates. It is currently
constructing projects in Greece, Cyprus, Denmark, Spain, United
Kingdom, Malawi and Chile, of a total capacity exceeding 400 MWp.
For the next 5 years SUNEL is planning to develop solar projects of
over 2.000 MWp, in cooperation with strategic investors. For more
information, visit www.sunelgroup.com.
About Cero Generation
Cero Generation is a leading solar energy company, working
across Europe to support the transition to a net-zero future, for
this and every generation. Active throughout the project lifecycle,
from development through to construction and operations, its highly
experienced team collaborates with local partners to bring
world-class industrial, commercial and technical expertise to our
projects. Cero’s 9 GW solar development portfolio is one of the
largest in Europe, covering both utility-scale and on-site
generation projects, as well as integrated energy storage
solutions. Dedicated to delivering high-quality, high-performing
assets, Cero provides corporate and industrial clients with the
solutions to accelerate their pathway to a net-zero future. Cero is
an independent portfolio company of Macquarie’s Green Investment
Group (GIG) operating on a stand-alone basis. For more information,
visit www.cerogeneration.com
The announcement of a customer’s entry into a project contract
is not necessarily indicative of the timing or amount of revenue
from such contract, of the company’s overall revenue for any
particular period or of trends in the company’s overall total
project backlog. This project was included in our previously
reported awarded backlog as of June 30, 2022.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220816005865/en/
Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com
Investor Relations Eric Prouty, Advisiry Partners, 212.750.5800,
eric.prouty@advisiry.com Lynn Morgen, Advisiry Partners,
212.750.5800, lynn.morgen@advisiry.com
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