INTRAKAT acquires majority stake in "DNC ENERGY"
The company has a portfolio of 520 MW total power.
The company "INTRA - K. ENERGY M.A.E.", a 100% subsidiary of Intrakat, completed the acquisition of the company "DNC ENERGY", for a total price of €15.1 million.
The company, which is now an Intrakat Group's subsidiary, has a portfolio of licenses for Photovoltaic Power Plants with a total capacity of 520 MW in different maturity stages.
Intrakat Group thus significantly strengthens its position in the RES sector, currently having a portfolio consisting of wind and photovoltaic parks with a total capacity of more than 1.8 GW, of which 1 GW concerns wind farms and 0.8 GW concerns photovoltaic parks, while the Group's planning also includes activity in the licensing and development of 11 electricity storage stations using accumulators, with a total capacity of 0.7 GW.