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15 August 2018
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DEPA inks financing agreement with EIB

02 March 18 - RE+D Magazine
DEPA inks financing agreement with EIB

COMPANIES

Solum Property Solutions

Consultant - GREECE

Savills

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Public Gas Corporation (DEPA) signed a loan agreement with the European Investment Bank (EIB) on Thursday to build natural gas networks in eastern and central Macedonia, Thrace and mainland Greece.

 

The EIB's loan totals 48 million euros, has a grace period of four years and must be repaid in 20 years.

DEPA will use it to build 1,215 km of natural gas networks that will convey 6.2 TWh annually over 20 years, serving the needs of 124,000 buildings.

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