Agios Georgios 73.2MW Onshore Wind Farm

28/6/2016
Project development, Project finance

€ 1.4 billion

$ 1.5 billion

Completed

28/6/2016


Overview:

  • Agios Georgios 73.2MW Wind Farm
  • The project was developed by Terna Energy, the largest wind power producer in Greece.
  • The financing was provided by a consortium consisting of Eurobank Ergasias, Alpha Bank and National Bank of Greece.
  • The project entailed the development of two wind farms on the uninhabited islet of Agios Georgios, offshore Attica in the Athens metropolitan area.The area has remarkable wind potential and a dedicated subsea high voltage cable system, approximately 36km in length, connecting the project to the mainland grid.
  • The project is now operational and is anticipated to be able to power around 40,000 homes.

Afroditi-Maria Koulaxi - Journalist

Jurisdiction:

Greece

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

Greece

Industry sector:

Energy


Firm:

Party: Eurobank Ergasias (Lender)

Party: Alpha Bank (Lender)

Party: National Bank of Greece (Lender)