Hyperion Renewables nets €210 million in financing for pioneering hybrid renewables project in Portugal

Hyperion Renewables has closed financing for Project Theia, an operation worth approximately €210 million intended to support the construction, operation, and refinancing of a portfolio of renewable energy projects located in Portugal, with a total installed capacity of approximately 300 MW.

The portfolio integrates solar photovoltaic, wind, and battery storage, reflecting an innovative approach that combines different technologies to address the challenges of decarbonization and the growing need for flexibility in the electricity grid.

The Theia Project comprises two hybrid projects and a set of Small Production Units (SPUs). Of particular note are the Cavaleira project, which combines solar, wind, and batteries connected to a single grid point, a unique case in Portugal, and the Vale de Moura project, which integrates solar and battery storage.

In total, the portfolio comprises 295.45 MW, distributed across solar, wind, and storage production, reinforcing the operational efficiency of the assets and their contribution to grid stability.

Source and images: Hyperion Renewables