Local wind energy among the fields eyed by Qatari investors

A delegation of highly-ranked officials from Qatar is scheduled to visit Athens in a fortnight in search of investment opportunities, including in the wind energy sector, according to energypress sources.

The Qatar team, expected to be in Greece between July 7 and 10, will include Dr. Raghavan Seetharaman, Group CEO of Doha Bank, as well as members of the state investment fund QIA (Qatar Investment Authority).

The visiting officials are expected to focus on three sectors, wind energy, tourism, especially hotels, and agri-foods.

As for their interest in Greece’s wind-energy sector, the potential Qatari investors have already arranged meetings with officials at firms active in the sector. Energypress sources informed that the Qatar investors have already reached a business decision to invest at least 100 million euros in wind-energy parks.

Talks with officials representing major hotel enterprises in Athens as well as the agri-foods sector, including greenhouse cultivation and poultry, have also been planned.

This is not the first time Qatar investors are seeking to enter the Mediterranean market via Greece. In 2013, Qatar’s emir Hamad bin Khalifa Thani purchased six idyllic Ionian Sea isles, while Qatar Petroleum International (QPI) has acquired a 25 percent stake in Heron II, a venture involving the GEK Terna corporate group and French energy giant GDF Suez.