METKA EGN signs 60-mln-euro energy project in the UK

METKA EGN, an energy company in which METKA holds a 50.1 pct equity stake, on Monday announced the signing of contracts for the supply and construction of energy power stations (EPC) with a power of 75 MW, worth more than 60 million euros.¨

In an announcement, METKA EGN said the largest contract was signed with Noriker Power Limited to build an innovative electricity production unit with a power of 20 MW, including an energy storage facility, offering rapid
frequency services to the electricity grid in the UK.

The company will exploit the expertize gain from a successful implementation of an Oriana project in Puerto Rico for Sonnedix, one of the largest solar power units worldwide.

The remaining projects are solar power units in the UK, six of them co-produced with Lightsource and Canadian Solar.