Alpha Bank has entered into a loan agreement with Consortium Solar Power Systems S.A., a subsidiary of Foresight Energy Infrastructure Partners 1 S.à.r.l. and Mirova Energy Transition 5, to develop four photovoltaic parks in Farsala and Fthiotida, supported by the Recovery and Resilience Plan “Greece 2.0.”
This initiative falls under the “Green Transition” component of the Recovery and Resilience Fund (RRF).
The project is budgeted at approximately 316 million euros, funded by a loan from the Recovery and Resilience Fund (109 million euros) and a bank loan (145 million euros). The remaining balance of 73 million euros will be sourced from equity.
The signing ceremony for the loan agreement took place at Alpha Bank’s headquarters.
Nikos Nezeritis, Chief of Corporate and Investment Banking at Alpha Bank, remarked: “As the project’s exclusive organizer, we are honored to attract leading international investors to Greece to aid in the transition to a zero-emission economy. Our collaboration with the RRF reaffirms our dedication to financing sustainable investments, a central aspect of our strategy.”
