Greenvolt Group has signed a contract with Flora Food Group, for the development of two solar projects in Portugal and Germany.

Flora Food Group holds leadership positions in many of the 110+ countries it operates in, with iconic brands including Flora, Becel+ProActiv, BlueBand, Country Crock, I Can’t Believe It’s Not Butter, Rama, and Violife, together with its local brands and Professional business.

The Inaugural contract with Flora Food Group will lead to the installation of almost 5,000 photovoltaic solar panels on the premises of the food manufacturer's production units.

Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.

In addition to accelerating the energy transition process of the two production units, it will significantly reduce Flora Food Group’s energy consumption supporting the company’s sustainable energy commitments.

The Greenvolt Group signed the first contract with Flora Food Group, the global branded food champion, for the development of two decentralised energy generation projects. Through its specialised distributed generation company, Greenvolt Next, the Group will be responsible for installing almost 5,000 photovoltaic solar panels at Flora Food Group facilities in Portugal and Germany which, together, will generate more than 3 GW/h of clean energy annually.

The agreement signed with Flora Food Group, will lead to the installation of 1,485 solar panels at the facilities in Portugal, located in Santa Iria da Azóia, in the municipality of Loures. In Germany, in Upper Saxony, more specifically in the city of Wittenberg, another 3,483 panels will be installed at the Flora Food Group manufacturing unit.

The panels installed at the Portuguese unit, in a project that will be developed through Greenvolt Next Portugal, will have a capacity of 861.3 kWp, allowing this factory to generate 1.1 GW/h of clean energy annually. In Germany, the Greenvolt Next affiliate - Energy Partners (MaxSolar Group), will install solar panels with a capacity of 1,999 kWp, generating 1.99 GW/h per year. In both projects the energy bill is expected to be reduced by around 20%.

"These are significant Distributed Generation projects that Greenvolt will execute through the various subsidiaries we have, showcasing the strength behind the pan-European platform that Greenvolt Group has been developing", says João Manso Neto.

KKR, through GVK Omega, presented a Public Acquisition Offer for the Greenvolt Group, already holding, before the operation currently taking place on the capital market, more than 80% of the capital. “This KKR operation is an opportunity for Greenvolt , allowing us a greater collaboration with the other companies of that Group, from the industry to the real estate sector, and, of course, it gives us the financial muscle that is essential to accelerate our growth plan”, added the CEO of the Greenvolt Group.


"The partnership with Greenvolt aligns perfectly with our sustainability goals. By installing solar panels at our facilities in Portugal and Germany, we are making tangible progress in reducing our energy footprint while enhancing operational efficiency." Laurent Lavenut, Chief Operations and Product Officer, Flora Food Group

Distributed energy generation is one of the growth pillars of the Greenvolt Group, which continues to grow its pan-European self-consumption platform, now operating in 12 geographies. It is a global reference in the development of large projects (Utility-Scale), both wind and solar and battery solutions, in 16 countries, and is also one of the most important players in the generation of clean energy through residual biomass in Portugal and the United Kingdom, where it owns Tilbury Green Power and Kent Central.