New €42.9 million solar park project in Megalopolis,

signed with PPC Renewables

AVAX SA signed a contract with PPC Renewables SA regarding the construction and operation of a 125MW solar park in Megalopolis, Greece.

The project is worth €42.9 million and involves the engineering, procurement, construction and operation of a solar park in the municipality of Megalopolis, in southern Greece. The new project includes the connection of the park to an existing open-air 33/150kV substation and its expansion with a new bay.

The new project reflects the strong presence of AVAX in large energy projects in Greece and abroad, as well as its very good collaboration with PPC Renewables, which was sealed with the recent successful completion of the solar park of Agios Christoforos in the municipality of Eordaia in Northern Greece, with a 64.983MW nominal capacity.

Marousi, June 27, 2024

The Board of Directors

AVAX SA, 16 Amarousiou-Halandriou Street, Marousi, 151 25, Greece, tel +30-210-6375000, www.avax.gr

General Commercial Registry #913601000, TIN #094183623, Athens Corporation Tax Bureau

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J&P - Avax SA published this content on 27 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2024 11:16:38 UTC.