December, 2023

This evaluation is an ex-post assessment of the performance of the Terna Rachoula Wind Farms operation (OpId: 49517). The evaluation also comments on the results of policy dialogue conducted by the Bank in the wind power sector in Greece during the time this project was approved. This evaluation was completed based on analyses of project documents, interviews with client officers from different departments, the Greek Ministry of Environment and Energy and EBRD bankers, plus a site visit to the project