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Hellenic Petroleum has pitched the EBRD for up to EUR 75m in project finance to support the construction of a 204MW solar PV portfolio in northern Greece.
Greek petroleum group Motor Oil Hellas has taken its renewable energy portfolio to 100MW in size with the purchase of a consented 40MW onshore wind project in northern Greece.
Greece’s Regulatory Authority for Energy (RAE) has allocated out tariff support for over 600MW of new renewable energy capacity in its latest auction, with onshore wind bids reaching a low of EUR 53.86/MWh and the most competitive solar PV offer coming in at EUR 45.84/MWh.
Cubico Sustainable Investments has completed the acquisition and refinancing of a 24.54MW Greek onshore wind portfolio, adding to an initial 33MW tranche of wind assets in the country acquired by the fund manager in January.