Claritas Investments has completed the sale of a 16.5 MW solar power project in northern Greece to domestic photovoltaic contractor Green Line Energy. The transaction price was not disclosed. Claritas said the divestment will release capital for new investments, particularly utility-scale renewable projects planned across northern Greece.
Vathylakos project details and transfer of ownership
The solar facility is located in Vathylakos, near Thessaloniki. The plant is described as fully developed and ready for commercial operation. Claritas handled the full development process, including site acquisition and regulatory approvals.
Claritas also carried out project preparation and the final steps required to bring the facility into commercial operation before transferring ownership to Green Line Energy. The project is a photovoltaic plant.
Claritas focus on early-stage development and regional pipeline
Claritas Investments specialises in early-stage development of renewable energy projects. The company also maintains activities in technology and electromobility sectors. Its main markets include Greece, Romania, and Poland.
Claritas continues to evaluate new investment and acquisition opportunities across Europe. In Greece, the company is advancing a renewable energy pipeline that includes two large-scale solar projects in the Kilkis region of Central Macedonia. Those projects have a combined planned capacity of 574 MW.
Use of proceeds from the 16.5 MW sale
Claritas said proceeds from the Vathylakos sale will be directed toward accelerating development of its larger photovoltaic investments in the Kilkis region. The company did not provide further details on timing or financing for those projects.
The transaction aligns with a broader pattern in the renewables sector, where developers monetise smaller operational assets to strengthen financial capacity and concentrate resources on larger projects. For Claritas, the divestment is described as a step toward expanding its role in Greece’s utility-scale renewable energy market.
