Athens, Greece / London, United Kingdom – October 22 2025 – METLEN (RIC: MTLN.L, Bloomberg: MTLN.LN, MTLN.GA, ADR: MYTHY US) announces the signing of a 10-year Power Purchase Agreement (PPA) with ENGIE, a leading energy transition utility. Under the PPA, METLEN will supply solar generated power from six sites located in the United Kingdom.
The power capacity of the solar portfolio, covered in the agreement, totals 235 MW, providing ENGIE with over 233 GWh of clean electricity annually. These volumes will help avoid more than 52,000 tonnes of CO₂ emissions each year, contributing meaningfully to the UK’s decarbonisation goals.
The projects are developed and executed entirely in-house by METLEN’s M Renewables segment, one of the top contractors in the UK for solar and storage projects. The majority of the sites are expected to be fully commissioned by the end of 2025, with two additional sites scheduled for 2026.
This PPA strengthens METLEN’s growing portfolio of offtake agreements across Europe, while it deepens the global partnership between METLEN and ENGIE, aiming at delivering flexible, reliable and low-carbon energy solutions across markets.
ENGIE is one of the largest PPA providers in the world, with over 200,000 clients worldwide. Its deep expertise, excellent customer service and integrated portfolio make it the offtaker of choice for clients, particularly when it comes to agreeing renewable PPAs that help deliver the energy transition.
METLEN has 90 renewable energy projects, including solar and Battery Energy Storage Systems (BESS) completed or at various stages of execution or development in the UK.
The Company was advised by Dentons on legal aspects of the PPA and by Our New Energy on commercial structuring.
For further information please contact:
Ms. Antigoni Fakou: METLEN Press Office, Tel. +30210-6877346 | Fax +30210-6877400 | E-mail: Antigoni.fakou@metlengroup.com
METLEN:
METLEN Energy & Metals PLC (METLEN or the Company) is the parent company of a multinational industrial and energy group and a leader in metallurgy and energy industries, focusing on sustainability and circular economy. The Company is primary listed on the London Stock Exchange with a secondary listing on the Athens Exchange, having a consolidated turnover and EBITDA of €5.68 billion and €1.08 billion, respectively, (2024). METLEN’s group is a reference point for competitive green metallurgy at the European and global level, whilst operating the only vertically integrated bauxite, alumina and primary aluminum production unit in the European Union (E.U.) with privately owned port facilities. In the energy sector, METLEN’s group offers comprehensive solutions, covering thermal and renewable energy projects, electricity distribution and trading, alongside investments in grid infrastructure, battery storage, and other green technologies. The Company’s group is active in the markets of all five continents, in more than 40 countries, adopting a full-scale synergetic model between the Metallurgy and Energy Sectors, while undertaking end-to-end development of major energy infrastructure projects.
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About ENGIE:
ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net-zero carbon goal by 2045.
About ENGIE in the UK:
In the UK, with 1,300 employees, ENGIE owns and operates a large portfolio of renewable and flexible storage assets, across electrons and molecules, including one of the largest pumped-storage hydro plants in Europe. Our JV company Ocean Winds is one of the largest offshore wind generators in Scotland with 1832 MW of operating capacity. We supply +17,000 business customers with electricity and gas and accompany them in their decarbonisation journey. Over its 20 years of operations in the UK, ENGIE has unlocked billions of pounds into the country’s energy transition.
ENGIE Financials:
Turnover in 2024: €73.8 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).
ENGIE Press contact:
Alanna Rooney
Tel. UK: +44 7739 072404
Email : Alanna.Rooney@engie.com / UKmediaenquiries@engie.com
