Always supporting Greece’s energy transition and decarbonisation efforts, we entered a financing agreement with ENIPEAS S.A., a subsidiary of Lightsource bp, for the development of one of the largest solar projects in Europe, with a nominal capacity of 560MWp, in the regions of Larissa and Fthiotida. The €395.16 million investment falls under the Green Transition pillar of the Recovery and Resilience Facility (RRF). The total financing amounts to €315.15 million, with Eurobank extending a loan of €145.34 million and the remaining funds provided by the RRF. We remain dedicated to supporting milestone RES projects, that promote sustainability and innovation. We would like to thank our advisors for their continuous support and contribution: Watson Farley & Williams, TÜV HELLAS (TÜV NORD), Howden Hellas SA and Baringa. Learn more: https://lnkd.in/gTGpWCvc Photo (from left to right): Konstantinos Vassiliou, Deputy CEO of Eurobank and Head of Corporate & Investment Banking Natalia Paraskevopoulou, Lightsource bp Country Head for Greece Nick Boyle, Group Co-CEO at Lightsource bp The Governor of the Recovery and Resilience Facility Agency, Orestis Kavalakis #Eurobank #SolarEnergyProject #Sustainability #RES #EnergyTransition
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One of the biggest Solar projects in Europe
We are delighted to share that we partnered up with Eurobank to finance our Enipeas solar project in Greece, one of the largest solar projects developed in Europe, with a nominal capacity of 560MWp. The completion of the project will require a total investment of €395.15 million and falls under the Green Transition pillar of the Recovery and Resilience Facility (RRF).☀️ This deal marks a key milestone for Lightsource bp’s growth in Europe and in Greece. 🤝 The project will substantially contribute to create a more sustainable future as it will supply cheap and clean energy to support Greece´s energy independence and decarbonisation efforts. 🌎 Find out more here: https://lnkd.in/dGf7RVr6 #WeAreLightsourcebp #Lightsourcebp #RenewableEnergy #EnergyTransition #Sustainability
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Director of Development, Southern Europe
10moHuge congratulations to the whole team!