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GEK TERNA Corporate Loan

Greece | Industrials

Identification Code:: OP/25/0020
Total Operation Cost:: — EUR
Maturity:: 78 months
Operation Status:: BSTDB Approved Amount – Approval Date

59.000.000 EUR – 08 Jul 2025
: BSTDB Signed Amount – Signed Date

59.000.000 EUR – 19 Mar 2026
: Status:
Active
Description and Purpose of the Operation:: Provision of a EUR 59 million committed line to GEK TERNA S.A. to support the Group’s investment program in key infrastructure projects. BSTDB’s financing will support strategic infrastructure investments, such as motorways, ports, airports, irrigation projects, dams, water supply systems and other infrastructure projects that promote economic growth, and advance living standards, while generating employment and tax revenues for the country. The maturity is 78 months with an option to extend for additional 3 years.
Countries of Operation:: Greece (100,00%)
Financial Product:: Loans
Sector:: Industrials
Domain:: Private
Borrower/Client:: GEK TERNA S.A
Co-Financers/Participants:: N/A
Guarantors/Sponsors:: N/A
Developmental and Regional Cooperation Impact:: By backing the company’s corporate development program, the Bank is contributing to the expansion of Greece’s infrastructure sector with projects that improve connectivity, strengthen competitiveness, and enhance prosperity and quality of life. By supporting Greece’s strategic infrastructure pipeline, BSTDB contributes to deeper regional integration and more balanced economic development across the wider Black Sea region.
Environmental Classification and Impact:: Screened category B+ with potential medium-high E&S risks due to the sectors in which the Group operates ( PPPs/concessions, construction and energy). However, these risks are considered manageable through adherence to minimization and mitigation best practices applied by GEK TERNA. Its track record, alignment with EU Taxonomy, policies, and strategic targets add confidence and comfort that the corporate development programs that will be implemented in a sustainable manner. Continued monitoring and adherence to best practices are essential to ensure operation’s positive E&S outcomes.
Operation Leader:: General Industries, Transport, Tourism 1
E-mail:: gitt1@bstdb.org