Greek firm and EIB sign 40-mln-euro loan on EV charging and hydrogen stations

TornosNews.gr 17.02.2023 | 17:01
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Greek firm and EIB sign 40-mln-euro loan on EV charging and hydrogen stationsThe loan agreement was signed at EIB’s headquarters in Luxembourg

The European Investment Bank (EIB) on Friday announced it has agreed to provide a 40-million-euro 10-year loan to Motor Oil, co-financing its new investment to develop an extensive network of EV charging and hydrogen stations throughout Greece, ANA reports.

The pioneering investment, the first of its kind on such a scale in Greece, will see the deployment of about 3,000 electric vehicle charging stations for road transport. The hydrogen transport infrastructure will include one electrolyzer for hydrogen production, hydrogen trailers, a feeding terminal to load the trailers, as well as hydrogen refueling stations.

RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Palauenc05

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