PPC S.A. announces the completion of the transaction to bring a portfolio of renewable energy projects in Hungary into the group, under the strategic agreement signed on 7 August 2026 to acquire ABO Energy subsidiaries in Poland and Hungary, which hold a combined portfolio of renewable energy projects with capacity of more than 2 GW.
PPC, through its subsidiary PPC Hungary Holding Kft., acquired 12 subsidiaries in Hungary from Germany’s ABO Energy GmbH & Co. KGaA. The subsidiaries hold a portfolio of renewable energy projects with total capacity of up to 1.1 GW (solar, wind and energy storage).
Of these projects, five solar parks with a capacity of 82 MW are operational, while the rest of the portfolio is at various stages of development.
The transaction also brings the local project development team into the group, with its considerable expertise and in-depth knowledge of the Hungarian market.
With the Hungarian part of the transaction complete, the acquisition of ABO Energy’s companies in Poland and Hungary, announced on 7 August 2026, has now been completed in full.