METLEN Energy & Metals inaugurates Canadian offices in Calgary

METLEN inaugurated its first North American offices in Calgary, Alberta. This investment underscores METLEN's confidence in Alberta's economy to strengthen their position as a global energy transition leader. The decision to establish a presence in Calgary stems from Alberta's robust energy sector, providing METLEN with unique opportunities to enhance operations and develop solar projects across the province.

In 2023, METLEN made a significant entry into the Canadian market with the acquisition of 1.4 GW of solar power projects in Alberta, from Westbridge Renewable Energy. This portfolio includes five solar projects under development located in the southern and southeastern regions of the province, backed by a $1.7 billion investment.

These initiatives will generate 2.1 TWh of renewable energy annually, powering nearly 200,000 Canadian homes while significantly reducing CO2 emissions. The projects are expected to create approximately 1,560 temporary jobs during construction and 115 permanent positions once operational.

The new offices of METLEN in Alberta will serve as a hub for a diverse team of professionals, including engineers, project managers, and business development experts, creating hundreds of jobs and paving the way for future investments in renewable energy. METLEN's establishment in the province signals that Alberta is open for business in the renewable energy sector. METLEN's international RES portfolio stands at 11 GW of total capacity in 40 countries and in various stages of development.

Nathan Neudorf, Alberta's Minister of Affordability and Utilities, stated that "Alberta's government welcomes METLEN's decision to establish a Canadian headquarters in Calgary. Alberta's prosperous energy sector is the perfect home for a leading global industrial and energy company like METLEN This move will drive innovation and job creation across the province, reinforcing that Alberta is a destination of choice for investment".

"Calgary is the epicentre of energy in Canada and fast becoming the leader in energy transition on the global stage. METLEN's investment in Calgary is a demonstration of confidence in the region's future and will support key industries such as technology, artificial intelligence, data centers, and oil and gas", supported the Mayor of Calgary, Jyoti Gondek.

Nonetheless, Nikos Papapetrou, Executive Director, M Renewables, METLEN Energy & Metals, mentioned that "METLEN is dedicated to partnering with businesses and partners that share our commitment to clean and balanced energy mix. Our focus on complex energy solutions aligns with the growing demand for clean energy across North America, and we believe that through collaborative efforts, we can drive meaningful change."

Vivian Bouzali, Chief Corporate Affairs & Communication Officer of METLEN Energy & Metals, stated that "Our renewable energy division stands among the leaders in solar and wind development worldwide, with projects spanning five continents, including recent investments in Australia, Chile, and now here, in Canada. METLEN excels at navigating Power Purchase Agreements (PPAs) due to its deep expertise in the energy market, understanding of renewable technologies, and strong relationships with both producers and electro-intensive industries".

"Calgary is a globally recognized hub for cleantech innovation and a leader in the net-zero energy transition. METLEN's decision to establish its Canadian headquarters in our city signals the strength of our innovative ecosystems, our friendly business environment and skilled talent pool, which offer companies opportunities to scale globally directly from Calgary", said Brad Parry, CEO & President, Calgary Economic Development.

Moreover, Rick Christiaanse, CEO of Invest Alberta, underlined that "we are excited to welcome METLEN to Alberta's renewable energy sector. We look forward to celebrating their growth with partners like Calgary Economic Development and the Government of Alberta, who were crucial in their investment decision. Establishing METLEN's office in Calgary demonstrates our commitment to building strong relationships and creating efficient pathways for businesses leading the energy transition".

METLEN's international RES portfolio stands at 11 GW of total capacity in 40 countries and in various stages of development.