Ariadne Interconnection

Power Link Crete-Peloponnese and Crete-Attica - EIB Direct Loan

Industry
Power/Electricity transmission
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Greece

Deal Overview

European Investment Bank (EIB) and the Independent Power Transmission Operation (IPTO) signed a EUR 178 million long-term loan to finance construction of the first power interconnector between mainland Greece and the country’s largest island Crete.

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Deal Volume
$199.32m
Financial Close
09/05/2019
Dealmakers

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Tranches

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Project Deals

Power Link Crete-Peloponnese and Crete-Attica
$1.12bn
Greenfield
Electricity transmission
Europe
Europe
Greece