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Preparing Greece for a green future

Author: Volker Ahlemeyer

EBRD's plans for a 900-1,000 km underwater connection between Egypt and Greece will be part of Europe’s green future.

Systemic change doesn’t come from one‑off projects; it happens when markets and capital move together. In Greece, we’ve helped make that happen.

More than half of our operations in the country have environmental benefits, and around a third of our annual investment in Greece goes to sustainable infrastructure.

Working with leading companies such as METLEN, GEK TERNA, PPC, HELLENiQ Energy and Copelouzos Group, we’ve anchored ambitious decarbonisation, and scaled renewables and sustainable infrastructure.

We have supported the first‑of‑a‑kind sustainability‑linked and green bonds, embedding ICMA principles, raising the bar on climate governance and transparency in Greece’s debt capital markets.

A milestone: the 204 MW Kozani solar park, which, when signed, was the largest renewable project in Greece and the largest solar in south‑eastern Europe.

We have been decarbonising the built environment: expanding our portfolio of redeveloped and green certified buildings with the Dimand JV and supporting the Ellinikon, the largest urban regeneration project in Europe.

Beyond borders, we’re supporting GREGY, the 3 GW Egypt–Greece subwater interconnector studies, unlocking a green energy corridor that strengthens energy security, affordability and decarbonisation.

 

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