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Enery signs physical PPA with Coca-Cola HBC Bulgaria for Knizhovnik solar-storage

Enery has signed a long-term physical power purchase agreement with Coca-Cola HBC Bulgaria, securing a corporate buyer for electricity from its Knizhovnik solar and battery project. The agreement is in place ahead of planned commercial operation on 31 October.

Knizhovnik project scale and generation profile

The Knizhovnik facility is located near Haskovo and combines 122.2 MW of solar capacity with 200.6 MWh of battery storage. Expected annual generation is approximately 200 GWh. The site occupies about 196.8 hectares.

The power supply arrangement is structured to deliver renewable electricity under a fixed solar generation profile. The contract’s duration, price, and contracted volume were not disclosed in the report. The battery system is part of the overall installation, but the disclosed agreement remains tied to solar generation output.

Financing, equipment and portfolio context

Knizhovnik is part of an Enery portfolio supported by more than €250 million of financing from CSOB, with a 22-year tenor. The financing covers the broader portfolio rather than the Bulgarian project alone.

The plant uses 169,776 Jinko bifacial modules, trackers from Nextpower, formerly Nextracker, and Sungrow inverters and battery equipment. For Enery, the contract provides long-term offtake alongside wholesale market exposure.

Coca-Cola HBC Bulgaria offtake and emissions target

For Coca-Cola HBC Bulgaria, the agreement adds locally generated renewable electricity to support efforts to reach net-zero emissions across operations and its wider value chain by 2040. The battery system adds operational flexibility within the site configuration. However, the disclosed contract value depends partly on how production, storage, and the buyer’s consumption are managed together.

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