Dragasakis Hails Start of Programme for Sustainable Investments in Infrastructure

Dragasakis Hails Start of Programme for Sustainable Investments in Infrastructure

A new programme launched by the European Investment Bank and the National Bank of Greece for investment in green and urban infrastructure under the Infrastructure Fund of Funds (InfraFoF) will help in the sustainable financing of a great many investment plans, government vice-president and Economy and Development Minister Yiannis Dragasakis said on Thursday. "Today begins the provision of sustainable financing that will allow the horizontal and immediate support of many discrete investment plans, with the aim of immediately implementing multiple developmental and viable projects," he said. The policy for the Infrastructure Funds was part of this framework and it was now ready to begin operating, Dragasakis said. The programme combines funds from the European Union, national funds and financing from the EIB and the first contract, worth 650 million euros, will support new investments in renewable energy sources, energy efficiency and urban development throughout Greece. NBG is the first bank-partner and will locate and invest in new projects, which are expected to include wind and photovoltaic parks and other RES, among others.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.