YLP advises Eurobank on the financing of five (5) Battery Energy Storage Systems (BESS)

News & Works – YLP advises Eurobank on the financing of five (5) Battery Energy Storage Systems (BESS)

Project Finance & Energy

YLP advises Eurobank on the financing of five (5) Battery Energy Storage Systems (BESS)

Your Legal Partners acted for Eurobank on the financing of five (5) Battery Energy Storage Systems (BESS) developed by Ktistor Group, with aggregate financing of approximately EUR 17.3 million. Battery energy storage plays a pivotal role in Greece’s energy transition, enabling grid stability and the large-scale integration of renewable energy sources. Two of the five projects are co-financed under the Recovery and Resilience Facility (RRF) scheme, reflecting the strategic priority accorded to energy storage within Greece’s national energy policy, while the remaining three have been awarded operational and investment support through RAAEY competitive tenders. Your Legal Partners provided Eurobank with comprehensive legal support across a sophisticated, cross-collateralized project finance structure.

This transaction marks a further milestone in Your Legal Partners’ growing track record in battery energy storage and project finance.