Once the investment is completed in Domaszék, near the city of Szeged in southern Hungary, the 2MW plant is set to generate an annual 2,400-2,600 MWh of electricity.
The purchase of the project company, as well as the realization of the plant, is seen as a further portfolio expansion for the Alteo Group, CEO Attila Chikán Jr. said. “Through the investment, we are further strengthening our leading position in the local field of renewable energy,” the CEO added.