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Metlen partners with Tsakos on Greek renewable power project

ReutersJan 22, 2026 11:41 AM

- Greek energy and metals group Metlen MTLN.L said on Thursday it had signed a strategic partnership with the Tsakos Group to help develop one of the country's largest hybrid renewable power projects.

Metlen will hold a 40% stake in a new joint venture with Tsakos, which will own the remaining 60%. The venture plans to build and operate a hybrid power plant in central Greece combining a 251.9 megawatt photovoltaic park with a 375 MW-per-hour energy storage system, Metlen said.

The group added that construction was expected to begin in 2026, with completion targeted for early 2028.

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