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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Greece : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    30/06/2003 : € 75,000,000
    Link to source

    Summary sheet

    Release date
    30 May 2003
    Status
    Reference
    Signed | 30/06/2003
    20020538
    Project name
    Promoter - financial intermediary
    TERNA Renewable Energy

    TERNA Energy S.A.
    Contact: Mr K. Demopoulos

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 75 million
    Estimated at EUR 170 million
    Location
    Sector(s)
    Description
    Objectives

    Then project comprises seven wind farms with a combined capacity of 144 MW.

    The project supports Greek and EU policy promoting the production of electricity from renewable sources. The project’s output replaces fossil-fuel power electricity generation, and thus contributes to the reduction of CO2 and other harmful emissions released to the atmosphere.

    Environmental aspects
    Procurement

    The Bank requires the promoter to comply fully with all relevant EU legislation in the field of the environment.

    The Bank requires the promoter to comply fully with the provisions of the relevant EU procurement legislation.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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