HomeNewsEIB and Motor Oil Hellas agree to develop a network of EV charging and hydrogen stations in Greece

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EIB and Motor Oil Hellas agree to develop a network of EV charging and hydrogen stations in Greece

2/21/2023

Pioneering project aims to transform road transport in Greece with the rollout of zero-emissions infrastructure. The EIB will support the investment with a €40 million loan over 10 years. Motor Oil Hellas, a leading player in the area of SouthEast Europe, is transforming into an integrated diversified energy company in Greece and the wider area. It also aims at becoming the largest producer of renewable energy in Greece. The European Investment Bank (EIB) has agreed to provide a €40 million 10-year loan to Motor Oil, cofinancing its new investment to develop an extensive network of EV charging and hydrogen stations throughout Greece. The pioneering investment, the first of its kind o

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