EIB commits €400 million to MYTILINEOS for 2.6GW solar PV and battery storage projects across EU
EUR400M
Deal Value
2600 MW
Capacity
The European Investment Bank (EIB) has committed €400 million in financing to MYTILINEOS Energy and Metals to accelerate the development and deployment of a new portfolio of solar PV and battery storage systems (BESS) projects. This investment, totaling an estimated €2.5 billion, will add approximately 2.6 GW of capacity across Greece and other EU countries by 2027, supporting the EU's renewable energy transition and reducing dependence on fossil fuels.
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Counterparts (3)
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Announced
Dec 21, 2023
Signed
Closed
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