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Greece Secures €810 Million Loan for Energy Transformation

The Natural Gas System Operator of Greece (DESFA) has announced a joint €810 million bond loan with four major Greek banks to fund its investment plan. This financing includes €627.7 million for green and digital transition projects under the Recovery and Resilience Fund. The loan will also support general business needs and provide a €100 million credit line. With a 15-year agreement, the funding will enhance the National Natural Gas System’s infrastructure, ensuring it can integrate hydrogen while diversifying supply sources and bolstering energy security in Greece and the region.

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