Financed ProjectsTerna S.A. I

Identification Code:

OP/10/0787

Total Operation Cost:

0

Maturity:

60 months

Operation Status:

Description and Purpose of the Operation:

BSTDB provided a general purpose loan to Terna S.A. in order to support the Company in implementing various energy related investment.

Countries of Operation:

Greece (100,00 %)

Financial Product:

Loans

Sector:

Industrials

Domain:

Private

Borrower/Client:

Terna S.A., is one of the leading construction companies in the Hellenic Republic. The Borrower consolidates the activities of GEK TERNA GROUP related to the construction segment of the Group's business. Terna S.A. is a general contractor with a long-term experience and successful track record in implementing complex and large-scale construction projects in both public and private sectors.

Co-Financiers/Participants:

Guarantors/Sponsors:

GEK Terna Holding, Real Estate, Construction S.A.

Developmental and Regional Cooperation Impact:

The Operation will support one of the Major Greek corporations in carrying out contracts related to the constructions of important investment projects implemented by the Greek Government.

Environmental Classification and Impact (summary):

Screened as category B. The Environmental, Health & Safety (EH&S) issues associated with Borrower’s activities are common for construction industry and vary from project to project. The Group's businesses are guided by the corporate Environmental Policy, by which TERNA commits to meet all applicable legislative and regulatory requirements, identify and assess all the EH&S impacts it may generate and provide efficient mitigation measures. The Group is also committed to certify its corporate Environmental Management System according to ISO 14001. It is also considered to be a "green" Group because its heavy involvement in renewables compensates for more than 4,5 times its carbon generation from the rest of its activities.

Operation Leader:

General Industries, Transport, Tourism 1

E-mail:

gitt1@bstdb.org