Greek PPC strikes bond loan deal for 87 MW of wind, HPP - Hydro Balkans
+44 207 394 30 90 (London)

Greek PPC strikes bond loan deal for 87 MW of wind, HPP

Главная » News » Greek PPC strikes bond loan deal for 87 MW of…

PPC Renewables SA has signed a secured bond loan agreement worth EUR 17.5 million (USD 20.2m) to support the construction or upgrade of 87 MW of wind and hydropower plants (HPPs) in Greece.
Greek utility PPC SA (ATH:PPC), the parent of the company, said in a bourse filing last week that the funds will go for six projects involving the construction of new wind parks throughout the country, including on several islands and on the mainland, as well as some new HPPs. Part of the financing will be allocated for the rebuilding of a total of 12 old small wind power facilities and HPPs.

The bond loan will be 90%-covered by the National Bank of Greece and 10% by NBG Malta Ltd. It complements the EUR-85-million debt financing from the European Investment Bank (EIB) for the same project, which was signed last December.

The projects will help the PPC Group expand its installed renewable energy capacity by 37% by the end of next year. Development, construction and launch of the separate power plants is to be completed over the next two years, it was announced at end-2017.

(EUR 1.0 = USD 1.155)

Source: renewablesnow.com

MORE:

The CEO of KESH will present a report on the renovation of 3 large HPPs

The CEO of KESH (Albanian public operator) – Mr. Agron Hetoja – will present a report on the renovation of 3 large HPPs on the river Drin, with the capacity of 1.350 MW, including Fierza HPP, Komani HPP, and Vau i Dejës HPP. The is trustworthy information. They will also probably dwell upon the construction…


Natsionalna Elektricheska Kompania EAD presents hydropower investment projects at the Summit «Hydropower Balkans 2017»

Bulgarian public NEK EAD company-operator has confirmed the readiness to present a report on rehabilitation and modernisation of 5 HPPs: Chaira 844 MW, Belmeken 74 MW, Sestrimo 240 MW,  Momina Klisura 120 MW, Vacha 14 MW. Overall investment volume is € 37m.


China’s Dongfang shows interest in construction of Dabar HPP in Bosnia

SARAJEVO (Bosnia and Herzegovina), July 6 (SeeNews) – China’s Dongfang Electric Corporation is interested in the construction of the 160 MW Dabar hydro power plant (HPP) in Bosnia, the Balkan country’s Foreign Investment Promotion Agency (FIPA) said on Thursday. Representatives of Dongfang have submitted a letter of intent for this project to the government of…