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Hellenic Bank led a €70m funding round in Sirec Energy's European Sustainable Investments Fund.

Synopsis

Hellenic Bank, a bank specializing in strengthening the Greek innovative entrepreneurship and technology transfer ecosystem, led a €70m investment in Sirec Energy's European Sustainable Investments Fund, a Greek green-energy fund, with participation from Mubadala Investment Company. EuSIF invests in projects that achieve energy saving, energy production from renewable sources and projects of cyclical economy. Through its equity contribution, EuSIF will participate in projects in the Greek market with a total value in excess of €500m.

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