JUWI, a wholly owned subsidiary of MVV Energie AG, signed an agreement with Mirova, an asset management firm and an affiliate of Natixis Investment Managers, for the sale of the 156 MW Clover solar project portfolio in Greece.
The Clover solar portfolio, developed by JUWI Hellas, comprises four projects located in the regional units of Kozani and Grevena in Northwest Greece. JUWI Hellas will serve as the engineering, procurement, and construction contractor for the portfolio, overseeing the complete technical design, equipment procurement, and construction of the solar projects. Construction of the project is expected to begin in November.
Upon completion, JUWI will also be responsible for the operation and maintenance of the portfolio. Once operational, the projects will produce more than 300 million kWh of clean electricity annually.
The portfolio will deploy 243,000 bifacial solar modules, more than 480 string inverters, and 9,100 single-axis trackers.
“Over the past five years, JUWI Hellas has completed M&A transactions exceeding half a billion euros and has established itself as Greece’s benchmark for utility-scale solar development and EPC execution. We’ve consistently demonstrated our ability to align strategic vision with operational excellence. The sale of the Clover portfolio to Mirova, along with the signing of the EPC and O&M contracts, marks another important milestone in our journey,” says Takis Sarris, Managing Director of JUWI Hellas.
In April, JUWI Energie Rinnovabili, the Italian subsidiary of international project developer JUWI Group, announced the sale of a 50.5 MW solar project portfolio to Kelag Italia, a subsidiary of Kelag Group, an Austrian renewable energy provider.
In 2024, the company also sold a 267 MW solar portfolio in Greece to Foresight and Mirova, a Paris-based asset management company. The portfolio comprises three solar projects with individual capacities of 160 MW, 40 MW, and 67 MW. JUWI acquired the portfolio from Hive Energy in November 2023.
In the first nine months of 2025, approximately 29 GW of solar projects were acquired compared to 28.3 GW in 9M 2024, according to Mercom’s 9M and Q3 2025 Solar Funding and M&A report.
