Greece’s Metlen Energy & Metals, formerly known as Mytilineos Energy & Metals, has announced the sale of its renewable energy generation and storage business in Australia, according to the Australian Financial Review.
The Greek industrial and energy conglomerate, Mytilineos SA (FRA), is marketing its Australian operations through a tender process facilitated by Macquarie.
The portfolio includes eight solar assets, either operational or under development, as well as an additional 2.9 GW of “near-medium-term” opportunities.
The assets are distributed across New South Wales, Queensland, and Victoria, offering significant investment potential.
In June, Metlen unveiled its new corporate brand and image, highlighting its global portfolio of approximately 10.5 GW of renewable energy assets.
The Australian segment comprises 376 MW, featuring notable projects such as the 120-MW Munna Creek solar project in Queensland and the 75-MW Wyalong photovoltaic (PV) farm in New South Wales.
The sale is poised to attract significant interest from investors looking to expand their renewable energy footprint in Australia.
The diverse and strategically located assets offer a mix of operational stability and future development potential.
