Projects that accelerate the country’s digital transformation and improve the connectivity infrastructure.
Landmark projects are co-funded by Greece and the European Union.
Telecommunications / Digital upgrades
Hellenic Open Fiber (HOF), member of the United Group
Partial financing of the HELLENIC OPEN FIBER MAE eligible investment plan, to develop next generation fibre optic networks and accelerate the construction of a nationwide fibre-to-the-home network. HELLENIC OPEN FIBER is a subsidiary of NOVA. The investment plan was included in the Greece 2.0 National Recovery and Resilience Plan, and, in addition to the company’s own funds, it was financed by funds from the Recovery and Resilience Facility granted through Eurobank at a rate of 50% and a co-financing loan at 30%. The participants of the syndicated loan were Eurobank at a rate of 70% and the National Bank of Greece at 30%, while Eurobank acted as arranger and manager, bondholder representative and paying agent for the financing.
Vodafone Greece
Lease financing tied to the supply and installation of a submarine communications / fibre optic cable, including the relevant landing installations, where required, to interconnect the Aegean Islands, Crete and Corfu to the mainland. Lease financing tied to the supply and installation of fibre optic cables (FFTH – Fibre to the Home). The project extends to different parts of the country (Athens, Patra, Ioannina, Kozani, Veroia and Volos) and involves the construction of a fibre optic network to cover a total of 142,000 lines. These are investments in high-speed networks that are expected to multiply the benefits of the transition to a more digitised society.
