October 20 (SeeNews) - Croatian renewable energy company Professio Energia [ZSE:DLPR] said on Friday it has signed a term sheet agreement with local company RP Global Projekti, a fully-owned subsidiary of renewable power developer RP Global Austria, to jointly develop a portfolio of eight solar power plants with an overall planned installed capacity of up to 266 MWp.
The solar power plants will be developed on the area defined by the existing energy-approved operating wind power plants owned by Professio Energia, it said in a filing to the Zagreb bourse.
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The shares of Professio Energia were listed on the Zagreb Stock Exchange (ZSE) in October 2019 but have not traded yet.