HELLENiQ Energy, previously known as Hellenic Petroleum, is undergoing a strategic transformation to broaden its scope beyond refining and fuel retailing. The company has ventured into renewable energy by acquiring six photovoltaic farms in Greece with a total capacity of 110 MW, focusing on solar energy generation. These facilities, equipped with cutting-edge technology, have entered full commercial operation and are estimated to produce 175 GWh annually, meeting the electricity needs of 41,000 households and significantly reducing CO2 emissions. HELLENiQ Energy's ambitious Vision 2025 plan outlines the development of 5.3 GW of renewable capacity in Greece, Romania, and Cyprus, demonstrating a strong commitment to sustainable energy practices. The company is actively participating in energy storage projects, including a 50 MW battery plant and a 500 MW pumped storage hydroelectric plant, to enhance energy security and efficiency. Additionally, HELLENiQ Energy is set to finance its energy transition through the sale of its stake in DEPA Commercial, a natural gas supplier in Greece. The company's strategic investments in renewable energy and energy storage highlight a positive sentiment towards hydrogen and sustainable energy solutions in the region.