Metlen Energy & Metals has signed a 10-year power purchase agreement to supply Coca-Cola Tria Epsilon with electricity from a new 12 MW solar project in Greece. The agreement is structured as a bilateral contract for long-term renewable power supply.
Solar project location and expected generation
The photovoltaic plant is being developed at Mikro Perivolaki near Velestino in Magnesia. The project is expected to generate around 16.5 GWh annually. Under the terms of the contract, the entire output will be supplied to Coca-Cola Tria Epsilon.
Role in Coca-Cola HBC net-zero planning
The contract provides the beverage producer with another long-term renewable electricity source. It supports progress toward the wider Coca-Cola HBC group’s net-zero target for 2040. The supply arrangement is tied specifically to the solar generation from the new Greek project.
Metlen’s corporate renewables portfolio in Greece and globally
For Metlen, the agreement adds to its portfolio of corporate renewable supply contracts. The company operates around 500 MW of renewable capacity in Greece. Its global portfolio of completed and ongoing projects totals about 11.4 GW.
Growth of corporate PPAs in Greece
The deal aligns with broader growth in corporate PPAs in Greece. Industrial and commercial consumers are seeking longer-term power-cost visibility, while renewable developers use contracted revenues to support financing and reduce merchant-market exposure.
