Ameresco SUNEL Energy SA Awarded 83 MW Solar Project in Kozani, Greece to Drive Energy Decarbonization

Ameresco, Inc., (NYSE: AMRC), a leading energy infrastructure solutions provider, together with its joint venture partner Sunel Group, announced the launch of an 83 MW solar installation in Kozani, Greece. The large-scale renewable energy project is set to significantly enhance the region’s energy resiliency while supporting Greece’s transition toward a decarbonized future.

Ameresco SUNEL Energy SA was awarded with an Engineering Procurement and Construction contract (EPC) by Luxcara, a leading German energy infrastructure asset manager, holding the majority stake of the project. The Kozani solar project is designed to ensure high-efficiency energy generation while delivering long-term environmental and financial benefits. Nearly 130,000 photovoltaic modules will be installed on a one-axis tracking system to optimize energy yield. By tracking the position of the sun throughout the day, tracker-mounted PV modules can optimize energy capture and maximize efficiency. The EPC also includes Medium Voltage (MV) grid connection and an extension of the 400/33 kV High Voltage (HV) substation, reinforcing the region’s grid reliability and energy distribution capabilities. Construction works are already underway.

“Greece is one of the sunniest countries in Europe, making it an ideal location for solar energy projects that can drive both national and regional sustainability goals,” said Pete Christakis, Chief Operating Officer at Ameresco. “By leveraging advanced solar tracking technology in a region rich in sunlight, the Kozani project is set to play a significant role in fortifying Greece’s renewable energy infrastructure and supporting Europe’s broader green energy transition.”

“Projects like this reflect the growing maturity of the Greek renewable energy market, where scale, structure, and long-term stability are becoming increasingly important. As Ameresco SUNEL Energy, we are focused on supporting this shift by delivering projects that meet the evolving expectations of international investors,” said Konstantinos Zygouras, Vice President of Ameresco SUNEL.

“Ameresco SUNEL Energy SA has been a trusted partner in advancing our solar investment in Greece,” said Lorenz Hahn, Investment Manager at Luxcara. “This project shows how well‑targeted solar investments can support economic development while strengthening Greece’s clean energy infrastructure. By unlocking the region’s strong solar potential, we are helping build a more resilient, domestically powered energy future.”

Ameresco | www.ameresco.com

SUNEL Group | www.sunelgroup.com