Bankrupt Greek Solar Plant Set for Public Auction

A Rare Investment Opportunity in the Heart of Europe

Lantana Capital Ltd. is proud to announce the public auction of the former Heliosphera SA solar panel factory and its equipment. Set in Tripoli’s industrial zone, the site offers potential in renewable energy, advanced manufacturing, battery storage, logistics operations, or complete industrial redevelopment for companies looking to expand and gain a corporate base in Europe.

With a starting bid of €17 million, buyers will gain ownership of a top-tier facility that includes:

• 19,600+ sqm of built-up industrial space across basement, ground, and first floors
• Two adjacent plots totalling 26,930 sqm plus an extra 2,200 sqm lot
• Full suite of equipment from manufacturers including Oerlikon Solar, Rena GmbH, ABB, Buerkle GmbH, and more
• Based 170 km from Athens and Piraeus Port via the A7 motorway the site represents a logistics opportunity for pan-European distribution

Founded in 2008, Heliosphera SA emerged as a pioneer in micro-morph thin-film solar panel technology, with an impressive annual production capacity of 60MWp. At its peak, the company exported to high-demand markets across Germany, France, Japan, Israel, and several other countries. Operations ceased in 2012, and the company was formally declared bankrupt in 2017, leaving a fully fitted manufacturing facility that is ready for new ownership.

Today, the site represents a turnkey industrial opportunity, ideally suited for reactivation in solar panel production or for assembly or repurposing for clean energy manufacturing, logistics, battery storage, recycling, or advanced tech assembly.

For investors seeking to scale operations in Europe, this asset combines robust infrastructure, existing equipment, and a geographically advantageous location. As George C. Zois, Founder of Lantana Capital, notes: “This is a rare opportunity to acquire a serious industrial platform in Southern Europe – cost-efficient, well-located, and with existing equipment in place.”

The auction is scheduled for July 2025 via the HPPC e-Auction platform and is open to both local and international investors (foreign bidders must register through a Greek JV or subsidiary). A 30% deposit of the starting bid is required one week before the auction. A certified valuation report covering the land, buildings, and equipment will be available in the platform’s data room.

Don’t miss out on a rare European industrial asset primed for repurposing or reactivation. Serious buyers should act now.

For further details and an equipment list, contact:

Lantana Capital Ltd.
📍 116 Pall Mall, London SW1Y 5ED
📧 info@lantana-capital.com | gzois@lantana-capital.com
📞 +44 20 3995 1022