ABO Energy Sells Polish and Hungarian Subsidiaries with 99 MW Solar Portfolio and 2 GW Pipeline to PPC Group
ABO Energy has agreed to sell its Polish and Hungarian subsidiaries to PPC Group, including five operational solar parks totalling 82 MW, one 17 MW solar park near commissioning, a ~2 GW development pipeline and 38 employees. The transaction is subject to regulatory approval and is expected to close by end of 2026, as part of ABO Energy's broader restructuring strategy.
Transaction date: · Source: aboenergy.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 99 MW
- Transaction price
- Not disclosed
- Buyer
- PPC Group
- Seller
- ABO Energy
- Region
- Poland and Hungary
- Location
- Multiple locations across Poland and Hungary
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
Five fully operational solar parks with a combined capacity of 82 MW plus one 17 MW solar park close to commissioning, totalling 99 MW. Transaction also includes a development pipeline of approximately 2 GW across both countries. Includes the Szarvas solar park in Hungary, built in 2024.
Additional information
Full acquisition of ABO Energy's Hungarian and Polish subsidiaries, including all 38 employees in both countries. Transaction subject to regulatory approval, expected to close by end of 2026. ABO Energy has been active in Poland and Hungary as a developer since 2019. The sale follows ABO Energy's earlier divestment of its Greek subsidiary and a major portion of its Finnish wind pipeline, as part of a broader restructuring and refinancing strategy. PPC Group is the leading integrated energy company in Southeast Europe.
Source
Original announcement: https://www.aboenergy.com/de/info-center/presse/2026/2026-08-07_verkauf-hu-pol.html