Greek-based industrial conglomerate Mytilineos has developed into an established player in the UK energy market’s renewable energy sector and, more recently, the domains of conventional electricity production and grid projects, since entering this market in 2014.
The company, active in mettalurgy, energy and EPC, has just held a special event in London to mark its tenth anniversary of business activity in the UK as well as its recent signing of a one billion-euro contact for a subsea grid interconnection linking England and Scotland. Numerous guests from the business and financial sector, plus partners, attended the event.
Mytilineos has just inaugurated its new premises in central London, to serve as a springboard for the coming years and new projects.
In the UK, Mytilineos has taken on 82 projects worth a total of 2.5 billion euros in renewable energy, energy storage, electricity production and grid interconnections.
In the RES sector, Mytilineos maintains a UK solar energy portfolio with a 1.25-GW capacity, its 373-MW Cleve Hill project being the standout facility as the country’s biggest licensed solar park. In addition, Mytilineos owns 650 MW in RES facilities at various stages of development.
As for energy storage, Mytilineos ranks as one of the UK’s biggest players with projects totaling 1.1 GWh, a 30 percent share of the country’s market.
In addition, Mytilineos has undertaken complex and demanding thermal energy projects and is currently developing four open-cycle gas-fired power plants, each possessing a capacity of 299 MW.
Mytilineos has also taken on procurement and installation of a modern capacitor for RWE Generation UK, one of the UK’s leading electricity companies. This project represents part of the National Grid Stability Pathfinder Program covering England and Wales.