Sterling and Wilson expands European footprint with new Portugal subsidiary

Sterling and Wilson Renewable Energy Limited announced the incorporation of a step-down subsidiary, Sterling and Wilson Renewable Energy, Unipessoal LDA, in Portugal. This new entity is a wholly-owned subsidiary of Sterling and Wilson International Solar FZCO, which is itself a wholly-owned subsidiary of Sterling and Wilson Renewable Energy Limited. The Portuguese entity was registered with the Lisbon Commercial Registry Office on December 02, 2025.

The new subsidiary has an authorised capital of €1,000 and proposed paid-up capital of up to €1,000. It is yet to commence business operations and therefore has no turnover. The acquisition will be funded by cash, and the company will hold 100% control.

The primary objective of Sterling and Wilson Renewable Energy, Unipessoal LDA, is to design, engineer, construct, supply, install, test, commission, operate, and maintain solar energy projects. This move is part of the company's expansion into the renewable energy sector in Europe.