Terna Energy SA has secured a EUR117 million (US$130 million) refinancing structure for the 73.2 MW wind project developed on the uninhabited island of Agios Georgios.
The facility consists of nine Vestas V90 and 14 V112 model units. It is connected to the mainland Greece via subsea high voltage cable system.
The refinancing package was secured from Alpha Bank, Eurobank Ergasias and National Bank of Greece. Norton Rose Fulbright has advised the banks in the deal.
Country updates
-
-
July 11, 2019
EDPR wins 30 MW Chalkodonio wind farm in Greece
EDP Renováveis, S.A. (EDPR) secured 20-year Contract-for-Difference (CfD) at the Greek energy auction to sell electricity produced by Chalkodonio 30 MW wind farm, located in Central Greece, and...
Read more -
July 01, 2019
Elsewedy Electric enters agreement to acquire 63.6 MW RE projects portfolio in Greece
Elsewedy Electric has entered into a Share Purchase Agreement with R.F Energy (a unit of F.G. Europe) to acquire 100% of the share capital of three wind and on hydroelectric energy companies in operat...
Read more -
June 05, 2019
Greek PPC secured bond loan agreement for 87 MW wind and HPP projects
The PPC Renewables SA has signed a bond loan agreement worth of EUR17.5 million (US$20.2million) for the development of 87 MW of wind and hydropower plants (HPP) in Greece. The parent compa...
Read more -
May 14, 2019
Juwi secures 204 MWp Kozani solar project in auction
Juwi Hellas, the Greek unit of German project developer, Juwi AG, secured the 204 MWp Kozani solar project in auction. The project was awarded by the Greece’s Regulatory Authority for Energy (RA...
Read more -
May 09, 2019
Greece awards PPA deal to EDF Group for 60 MW Loutsa solar project
EDF Renewables in Greece has been awarded a long-term Power Purchase Agreement (PPA) for a 60 MWp solar photovoltaic project, following a mixed Renewable Energy Sources (RES) auction held by the Regul...
Read more
