The provision of long-term financing of up to EUR75 million to Hellenic Petroleum for the construction of a portfolio of photovoltaic (PV) plants with total installed capacity of 204MW in Western Macedonia, Greece. This will contribute to climate mitigation by increasing the share of privately owned renewable energy generation in Greece and add 204MW solar PV generation capacity to the national energy system. It will be key to Greece's decarbonisation plans that envisage the decommissioning of the country's lignite-fired generation plants by 2028.
Founded in 1998, Hellenic Petroleum is one of the leading energy groups in South East Europe, with activities spanning across the energy value chain and presence in 6 countries. Its shares are primarily listed on the Athens Exchange with a secondary listing on the London Stock exchange.
+30 210 6302 399
+30 210 6302 256
8A Chimarras Street, 151 25 Maroussi, Athens, Greece
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The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
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