EIB signs with Iberdrola a €25.9 million green financing to develop wind energy
Greece, Oct. 1 -- With this new investment, Iberdrola will reach 443.5 MW in Greece, consolidating its position as one of the largest wind energy players in the country.The operation includes a €10 million loan from EIB own resources and a further €15.9 million financing provided by the European Union's Recovery and Resilience Fund.The European Investment Bank (EIB) has signed €25.9 million in green financing to the Iberdrola Group to support the development of the Gatza wind farm, with 22.5 MW of capacity, located in central Greece (municipalities of Orchomenou and Lokron, Viotia and Fthiotida).Once this project is operational, Iberdrola will have a total installed capacity of 443.5 MW in Greece (and 20MW in Cyprus), cons...
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