Lamda is the largest Greek real-estate developer and owner of The Ellinikon, the largest urban regeneration project in Greece and one of the largest in Europe, which aims to transform the former Athens International Airport in the area of Ellinikon into a sustainable and fully integrated commercial, residential and hospitality area open to the public.
The proceeds of the bond issue will fund sustainability elements of The Ellinikon, including green buildings and infrastructure, green energy and smart-city technologies.
Lamda will invest the EBRD’s proceeds in financing green-certified assets, achieving at least Leadership in Energy and Environmental Design (LEED) “Gold” or BREEAM “Very Good” certification.
The green bond is listed on the Athens Stock Exchange (ΑΤΗΕΧ) and aligned with the International Capital Market Association’s Green Bond Principles. The issuance, taking place in the current market environment, shows the debt capital market’s resilience and contributes to its development and long-term financial viability, promoting environmental aspirations through a dedicated green finance instrument that strengthens corporate climate governance.
