UniCredit renews interest to finance energy investments

Officials of the Unicredit Bank AG group, which has financed renewable energy projects in Greece in the past, met with Greece’s energy minister Panos Skourletis this week, expressing an interest to once again provide financing for the development of projects in the local RES sector and other energy domains.

Vassilis Tsolakidis, the president of CRES, the Center for Renewable Energy Sources and Saving, locally acronymed KAPE, and other officials also took part in the meeting.

Commenting on the talks, the energy minister noted that the banking group’s interest to finance investments in Greece in the energy sector and other fields stands as proof of the positive changes taking place in the Greek economy.

Skourletis also made note of the upcoming revisions to the RES sector’s institutional framework and the adjustment process of Greece’s electricity market in accordance with European standards, known as the target model. The revisions being worked on will soon clarify the local electricity market’s regulations to apply in the years to come, he added.