KKR-owned ContourGlobal enters Greece with battery, solar acquisitions
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KKR-owned ContourGlobal has entered the Greek renewables market by acquiring a portfolio of solar plants and 500 MW of battery energy storage projects. The deal includes 26 operational solar plants generating approximately 51 GWh annually, enough to power 15,000 households. ContourGlobal also secured ownership of six battery storage projects. This move aligns with Greece's shift towards renewable energy, aiming for 70% of power from renewables by 2030 and becoming a net electricity exporter by 2026.
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