Greece's inaugural renewables tender already facing hold-up
Last week, Greece's Regulatory Authority for Energy (RAE) announced that three renewable energy sources (RES) auctions, the first competitive capacity tenders in the country, will be held in July.
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Country news
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September 07, 2017
Commission clears Centerbridge Partners and Enel JV in the Greek wind sector
The European Commission has approved under the EU Merger Regulation the creation of a joint venture by Centerbridge Partners, L.P. of the USA and Enel S.p.A. of Italy to build a 154 MW wind farm in Greece.
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August 03, 2017
EBRD signs first project under Greek Renewable Energy Framework
The EBRD has signed the first project under its new framework for renewable energy in Greece by subscribing to €28.3 million (US$33.5 million) in bonds issued by Hellenic Petroleum, an energy company which is diversifying its activities into the area of renewables.
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August 02, 2017
EIB provides €24 million financing for Terna's wind farms
European Investment Bank (EIB) and Eurobank Ergasias, acting as co-lenders, have provided Terna Energy a €24 million (US$ 28 million) loan financing for the development, construction and operation of three wind farms in central Greece.
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November 24, 2016
Terna Energy finances 48 MW wind projects in Greece
TERNA ENERGY, member of GEK TERNA Group, has announced that it has reached an agreement with EBRD and Piraeus Bank S.A for the issuance of a €60 million (US$64 million) bond loan. Read more -
November 07, 2016
China’s State Grid submits winning bid for 24% stake in ADMIE
Greece’s power utility PPC has announced that China’s State Grid Corporation has submitted the winning bid for a 24% stake in ADMIE (Independent Power Transmission Operator S.A.), with a US$356-million bid. Read more
