Greece Attracts $26 Billion in Energy Investments as EU Prepares to Phase Out Russian Gas by 2027
By
Alex Kimani
Summary
Greece's energy sector has attracted over €23 billion (~$26.3B) in investments from major global funds including BlackRock, Capital, Covalis, QIA, and K Group within the past month. This investment surge comes as Greece positions itself as a vital energy transit hub for Europe, with the EU targeting a complete phase-out of Russian gas imports by 2027. Key Greek energy companies like PPC, ADMIE, and Motor Oil are drawing significant international interest.
Source
bskyGreece Attracts $26 Billion in Energy Investments as EU Prepares to Phase Out Russian Gas by 2027oilprice.comKey quotes
· 2 pulledBillions of dollars in investments are flowing into Greece's energy sector as the country tries to establish itself as a vital energy transit hub for Central, Eastern, and Southeastern Europe
Over €23 billion (~$26.3B) from major international investment funds and high-profile global entities including BlackRock, Capital, Covalis, QIA and K Group has poured into Greece's energy sector over the past one month alone
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