Project Lassie: Enery Acquires Slovakia’s Largest Solar Portfolio

13. November 2025

Enery has once again strengthened its position as a key player in Central and Eastern Europe’s renewable energy market. By acquiring Slovakia’s largest photovoltaic portfolio, the company is adding almost 35 MW of capacity to support the decarbonization of Slovak industry.

Project Lassie: Enery Acquires Slovakia’s Largest Solar Portfolio- Image

Enery has already marked several milestones in 2025: the opening of the Dobl-Zwaring solar park in Styria, the signing of a hybrid PPA with Teva Pharmaceutical Industries, a joint venture with OMV Petrom in Bulgaria, and the commissioning of the battery storage system in Rummu, Estonia. Shortly before the end of the year, another highlight has followed.

The company has announced the acquisition of what is currently the largest operating photovoltaic portfolio in Slovakia. The portfolio, internally known as Project Lassie, comprises 32 PV plants with total installed capacity of 34.6 MW. Previously, it was 51% owned by ContourGlobal and 49% by Energy Infrastructure Partners. With this transaction, Enery’s operating portfolio increases to 561 MW and its annual clean electricity generation rises to 651 GWh, reinforcing the company’s trajectory as one of the region’s leading independent renewable power producers, developers, and operators.

A Diversified Portfolio

The plants within the acquired portfolio are strategically distributed across the whole of Slovakia. That geographical spread is a meaningful advantage in terms of irradiation conditions, grid connections, and customer structure. Enery founders Richard König and Lukas Nemec stated the acquisition strengthens the company’s position in the Slovak market through a familiar portfolio that delivers reliable returns. Their goal, they add, is to support Slovakia’s energy transition with affordable, dependable, and long-term green solutions for municipalities and industry alike.

Projekt Lassie: PV-Anlage JesenskePV system Jesenske, part of the “Project Lassie” portfolio.

For ContourGlobal, the deal forms part of an asset-rotation strategy. It follows portfolio-optimization initiatives launched in 2024 to free up capital for reinvestment in new onshore wind projects and hybrid PV-plus-BESS developments. In parallel, the company is transforming itself into a predominantly renewable independent power producer.

Continued Expansion

For Enery, Slovakia is far from new territory. The company had already been operating three PV plants there with around 10 MW of capacity and, at the same time, has been advancing a development pipeline of around 0.6 GW. The current acquisition increases its impact significantly and improves its strategic footing for new projects under the right regulatory framework or with suitable PPA options.

Projekt Lassie: PV-Anlage Buzitka3,996 MWp installed capacity: solar park Buzitka.

The newly acquired assets consist exclusively of operational ground-mounted solar parks. The previous owners had built up the portfolio over recent years and are now transferring it as a package. Carlo Zorzoli, Head of Europe and Africa at ContourGlobal, says he is very pleased that Enery will continue to operate and develop the portfolio with the same commitment to reliability and sustainability.

Reliable Green Power

Jan Horváth, Country Head Slovakia at Enery, summarized the strategic intent: the company wants to offer industrial businesses long-term PPAs and give them access to affordable, reliable green energy. He says he is delighted that Enery is continuing to expand its presence in Slovakia and that, with this acquisition, the company can actively contribute to the decarbonization of Slovak industry.

PV-Anlage KalinovoThe system in Kalinovo with 1.996 kWp.

This industrial demand for renewable power is something Enery is seeing across several CEE markets, and it has already led to large-scale partnerships such as the Gabare project in Bulgaria. The Slovak plants now joining the portfolio provide an additional foundation for that strategy. If Slovakia wants to keep its industry internationally competitive while achieving its climate targets, operational PV assets such as these are an important piece of the puzzle.

TEXT: MICHI REICHELT
PHOTOS: ENERY