Greece’s Mytilineos secures €400m EIB funding for solar projects in countries including Ireland

The European Investment Bank said most of the solar PV projects are expected to be small/medium size ones. Photo: Getty

John Mulligan

A unit of Greek conglomerate ­Mytilineos has secured €400m in funding from the European Investment Bank to develop €1bn worth of solar energy farms in European countries including Ireland.

It will help cement the group’s presence here after it made a foray into renewables in Ireland in 2021.