GoldenPeaks Capital secures largest PPA deal in Hungary with Hankook

Budapest, 23 February 2026 — GoldenPeaks Capital (“GPC”), one of Europe’s fastest‑growing independent producers of renewable energy, has signed a long‑term Pay‑as‑Nominated Power Purchase Agreement (PPA) with Hankook Tire & Technology Co., Ltd. (hereafter Hankook), the Korean premium tire manufacturer and a global leader in advanced mobility solutions. This agreement represents a significant step in strengthening renewable energy sourcing and decarbonising Hungary’s industrial sector. This is GoldenPeaks Capital’s largest PPA deal in Hungary so far.

Under the 10‑year agreement, GoldenPeaks Capital will supply 430 GWh of electricity in total. This is enough clean energy to provide electricity to an estimated 28,700 citizens and save around 10,107 metric tons of CO2 annually. The PPA for 30 MWp of photovoltaic capacity in Hungary supports Hankook’s ongoing sustainability roadmap, contributing to the company’s global CO₂ reduction targets, and reinforcing its leadership in responsible manufacturing.

Hankook, known worldwide for its high‑performance tires and innovative material technologies, continues to expand its environmental initiatives, including long‑term renewable procurement strategies at its production facilities. World Kinect Energy provided advisory support to Hankook throughout the PPA process.

Daniel Tain, Founder and President of GoldenPeaks Capital, said: “This PPA reflects another milestone within our full commitment to shape Hungary’s clean energy future. It also highlights our capability to deliver innovative and tailored renewable energy solutions, enabling industrial off‑takers to enhance energy budget certainty while accelerating their transition to green electricity.”

GoldenPeaks Capital remains committed to expanding its renewable energy presence across Central and Eastern Europe and supporting leading manufacturers, such as Hankook, in meeting their sustainability objectives with high‑quality, scalable, and reliable PPA structures.

About Hankook Tire & Technology Co., Ltd.

With unparalleled pursuit of innovation and technological excellence at its core, Hankook Tire & Technology continues to actively invest in the expansion of its essential capabilities to deliver consumers the utmost satisfaction on the road. Currently operating in over 160 countries, Hankook has eight manufacturing facilities and five R&D centers around the world, with over 20,000 highly dedicated professionals. Hankook Tire produces exceptional quality, high-performance radial tires for passenger cars, 4x4s, SUVs, light trucks, campers, trucks, buses and motorsport vehicles.

Hankook Tire & Technology actively participates in global sustainability initiatives and is committed to making the world a better place to live. In recognition of the commitment, Hankook Tire was first recognized by the Dow Jones Sustainability Indices World (DJSI World) in 2011 and more recently has been on the list for the past six years starting from 2016. In addition, the company received the highest rating from EcoVadis Business Sustainability Rating for three years in a row.

About World Kinect Energy

World Kinect Energy is a global energy management company providing fuel, power, and sustainability solutions across aviation, marine, and land sectors. With more than 35 years of experience and operations in over 35 countries, the company supports businesses with energy procurement, logistics, renewable energy sourcing, carbon management, and advisory services to help reduce costs and accelerate the transition to lower‑carbon energy. World Kinect Energy acted as advisor to the Buyer during this transaction.

About GoldenPeaks Capital

GoldenPeaks Capital, is a company specializing in the construction and operation of solar systems and one of the largest photovoltaic system owners in Poland and Hungary, with over 15 years of experience in structuring energy projects worldwide. In addition, GPC is a pioneer in the introduction of new technologies in Eastern Europe with various BESS + PV pilot projects in Poland and Hungary. GoldenPeaks Capital will further increase the pace of shaping the industry of renewable energies in Eastern Europe by applying the seamless integration of all sectors of GPC, such as project development & engineering, financing & structuring, supply chain management, construction & commissioning, asset operations, and commercial & energy sales among others, ensuring an invaluable alignment of methodologies, ethics and goals. GoldenPeaks Capital has been awarded for its green commitment, receiving the highest sustainability quality score (SQS1) from Moody's for their green bond framework.

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Disclaimer Golden Peaks Capital:

This press release was produced by and the opinions expressed are those of GoldenPeaks Capital as of the date of writing and are subject to change. It has been prepared solely for information purposes. Any reference to past performance is not necessarily a guide to the future. To the extent there are any forward-looking statements, these statements are based on the company’s current expectations and projections regarding its business, operations and other factors relating thereto. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but GoldenPeaks Capital does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.looking statements as a result of a number of factors. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but GoldenPeaks Capital does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.