New companies launched to advance renewable energy projects
In line with our commitment to renewable energy growth, we have expanded our portfolio by launching several companies dedicated to project development. Our capabilities in sustainable energy are showcased through the operation of the Zvečevo Small Hydropower Plant, our maintenance contract for the Vis Solar Power Plant, and the continued development of the Raduč Solar Power Plant project.
To support our mission of advancing sustainable energy solutions, we have formed strategic alliances and launched specialized companies:
- VE Rust Ltd.
- Male hidre Ltd. in collaboration with HEP
- Solarna elektrana deponija fosforgipsa d.o.o.
- Liburnia Solar Ltd.
- South East Energy Ltd.
- Energetski park Pometeno brdo Ltd.
- OIE Čakovec Ltd.
Strategic acquisition secures development of SE Čakovec solar plant
Following the signing of a Share Purchase and Project Development Agreement on 1 March 2024, between Male hidre d.o.o. and Solvis d.o.o., we are pleased to announce the acquisition of OIE Čakovec d.o.o.
Established as a special-purpose company, OIE Čakovec d.o.o. will oversee the development and construction of the Čakovec Solar Power Plant (SE Čakovec) in Međimurje County. The project will enhance the region’s renewable energy portfolio while advancing sustainability objectives. This acquisition reinforces our strategic focus on clean energy and sustainable development.