Kinstellar has advised the MVM Group on developing a 500-megawatt combined-cycle gas turbine power plant at the Matra Power Plant in North-East Hungary.
The MVM Group is a Hungarian power company,
According to Kinstellar, the new facility will replace aging, high-emission lignite-fired power assets and support the expansion of renewable energy sources in the country. The winning development consortium – comprising Elsewedy, West Hungaria Bau, and Status KPRIA – was selected through a public procurement process.
The Kinsetllar team included Budapest Office Managing Partner Balazs Sepsey and Senior Associate Laszlo Bujaki.
Kinstellar did not respond to our inquiry on the matter.
