Masdar agrees to buy 550-plus MW Greek solar project from Lightsource bp
BP•Masdar signed an agreement to acquire and develop a solar project exceeding 550 MW in Greece from Lightsource bp. The deal, through TERNA ENERGY, is expected to close by year-end 2026, subject to regulatory approval and customary closing conditions.
1. Project acquisition
Masdar signed an agreement to acquire and develop a solar project exceeding 550 MW in Greece from Lightsource bp through TERNA ENERGY. The acquisition is expected to close by year-end 2026, subject to regulatory approval and customary closing conditions.
2. Planned operations
Operations are scheduled to begin by the end of 2026. The project will include planned battery storage and two privately owned substations connecting it to the transmission system, and is intended to support electricity demand from Greece's growing digital infrastructure.
