[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Defic Globe, in which Yeo Teknoloji has a 51% stake, signed a framework agreement for the share transfers of 12 companies (SPVs) holding solar power plant ( SPP) licenses with a total capacity of 117 MWp with a company develops SPP projects in Romania.

The total investment amount for the projects is expected to reach approximately EUR 90 million.

The project under the agreement also have the potential to construct Battery Energy Storage System with capacity of 85 MW capacity.

Following the approval of the Romanian Competition Authority, the share transfer process will start.

Our Company, which targets 1 GW capacity in renewable energy by 2030, will take a step towards becoming a global player with its offices in different geographies of the world and its ability to do business, while making significant contributions to its growth in contracting services.

The projects within the scope of the agreement and their capacities are as follows;

SPV MWp

Solar Solution PVP Srl 14,4
Nature World PVP Srl 13,4
Solstice Solar Energy Srl 5.3
Sofia Solar Srl 14,2
Heliosphere Energy Srl 7,1
Helius EnergySrl 13.8
Solis Renewable Srl 7,2
Green Hera Solar Srl 7,2
Heliodor Solar Innovations Srl 14.4
Lena Solar Energy Srl 7,2
Atlas Solar Solutions Srl 6,0
Aurora Solar Energy Srl 6,8