Trio of significant energy deals shaping up in Greece

Important developments in the Greek energy sector are currently unfolding on three fronts.

Prime Minister Antonis Samaras announced a hydroelectric project in Messochora, central Greece, is set to begin after a series of delays since the 1980s. The work is part of the greater project on the diversion of part of the Acheloos River in Thessaly in which an investment of about 283 million euro has been made.

A further 110 million euro will be invested in the project by the Greek Public Power Corporation (DEI).

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