EIB Approves 85-Mln-Euro Loan for Renewable Energy Investment on Greek Islands

EIB Approves 85-Mln-Euro Loan for Renewable Energy Investment on Greek Islands

The European Investment Bank (EIB) will approved an 85-million-euro loan to fund renewable energy projects of PPC Renewables, making it the largest ever support for renewable energy investment in Greece by the EIB.
The funding will support both the repowering of wind parks and small hydropower stations and construction of new hydropower plants and wind parks across the country.
The new renewable energy program will support investment at small scale wind farms at sites across the country, including on the islands of Cephalonia, Chios, Lesvos, Crete, Mykonos, Samos, Evia, Limnos, Karpathos, Ikaria, Tinos, Psara and on the mainland in Karditsa.

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