Thursday, January 27, 2022

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MYTILINEOS and Copenhagen Infrastructure Partners to develop offshore wind farms in Greece

Leading Greek company MYTILINEOS through its Power & Gas Business Unit – Protergia has signed an agreement with Copenhagen Infrastructure Partners (CIP), for joint cooperation in the development of offshore wind parks in sea areas of Greece.

Both companies will contribute to this cooperation, in order to identify appropriate sites and co-develop and co-invest in offshore wind projects, by combining resources and expertise.

“We are proud to collaborate with world leaders in offshore wind projects and we are looking forward to a fruitful cooperation that will enhance both the energy strategy of MYTILINEOS and Greece’s energy transition,” said General Manager of the Power & Gas Business Unit Dinos Benroubi after the signing of the agreement.

“CIP is pleased to join forces with MYTILINEOS exploring a new offshore wind market,” added CIP Partner Michael Hannibal. “It will be a floating offshore wind dominated market and we look forward to bring our global experience and working with MYTILINEOS and local partners to develop good projects in Greece”  

Offshore wind is expected to be the largest source of electricity in the European Union by 2040. In order for Greece to achieve its national targets, there is an obvious need for a timely and effective legal and regulatory framework. In this regard, MYTILINEOS’ Power & Gas Business Unit aspires to become a catalyst for a low-emission Greek electricity generation mix, by investing in clean energy and innovative applications for a greener future for all.

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