GREECE INVESTS IN ENERGY

Six projects worth €5,6 billion will be translated into life in energy field.

Greece invests in energy
Posted 07.03.2012 15:14:00 UTC
Updated 07.03.2012 15:14:00 UTC

The government in debt-mired Greece said it will translate six big investment projects worth € 5,6 billion into life.

In line with a decision by the Inter-ministries Strategic Investment Committee, the six huge investments will be realized with “Fast Track” transactions, which are expected to contribute positively into the energy balance of the country. The projects are expected to generate 2900 MW renewable energy.

Easy and fast procedures will be applied for the investors by the Development, competition and Marine Ministries as well as Invest in Greece and Strategic Investments Secretary to encourage the realization of the projects.