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Sep 12, 2021

ACQUISITION OF SOLARTEK PV PARK

BIO Greenergy Announces the Acquisition of the Solartek PV Park

ABIO Greenergy is pleased to announce the successful acquisition of the Solartek PV Park, further expanding its growing portfolio of high-quality renewable energy assets across Europe. This acquisition marks another significant step in ABIO Holdings’ strategy to strengthen its presence in utility-scale solar development and to accelerate the deployment of clean, sustainable power generation capacity.

The Solartek PV Park represents a strategically valuable addition to ABIO Greenergy’s development pipeline. The project comes with key preliminary development rights and a strong technical foundation, enabling ABIO Greenergy to immediately begin advancing the asset through engineering optimization, permitting progression, and grid-integration planning. This acquisition aligns with the company’s disciplined approach of securing projects with robust potential and clear pathways to construction readiness.

Solartek is positioned in a region with favorable solar irradiation and increasing demand for renewable energy solutions, making it an ideal asset for long-term investment and environmental impact. Once operational, the project is expected to provide meaningful CO₂ reductions, support regional energy diversification, and contribute to Europe’s broader green-transition goals.

The addition of Solartek builds on ABIO Greenergy’s momentum in assembling a diversified, scalable, and future-ready renewable energy portfolio. This acquisition reinforces the company’s commitment to delivering impactful energy infrastructure while advancing ABIO Holdings’ mission of supporting a more sustainable global energy ecosystem.