INDUSTRY NEWS

EIB commits €400 million for Mytilineos’ 2.6GW solar and storage pipeline

2024-01-03

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The commitment forms part of a broader investment scheme from Mytilineos that will support the development of 2.6GW of solar PV and storage assets across the EU through 2027. Image: Mytilineos

The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.

The commitment forms part of a broader investment scheme from Mytilineos that will support the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment is expected to be around €2.5 billion (US$2.7 billion).

(The above content is reproduced from pv-tech,By Will Norman

 

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