Many foreign investors target local RES sector

Foreign investors are making a dynamic comeback in the Greek market of renewable energy sources (RES), which has accounted for the biggest deals in the business sector in the last couple of years.

The prospects of energy investments coming to 8.5 billion euros are making Greece particularly attractive for major foreign investors, who are seeking cooperations with local businesses that control the local market, or the takeover of smaller but mature projects.

What these foreigners are aiming for is the creation of a strong portfolio that will allow them to secure the capital gains the Greek market promises. For their part, powerful Greek groups in the RES market - such as Hellenic Petroleum, GEK Terna, the Mytilineos group and the Copelouzos group - are strengthening their presence, while also reaching out to major foreign players.

The interest from foreign...