EBRD TO ASSIST FRAPORT GREECE REGIONAL AIRPORT JV
November 1st, 2016
THE EUROPEAN Bank for Reconstruction & Development (EBRD) is planning to lend EUR60 million to a joint venture taking over 14 Greece regional airports from the government under a public-private-partnership arrangement. The financing to Fraport Regional Airports of Greece ASA, owned by Fraport AG and the Copelouzos Group, would be long-term, enabling the JV to boost the airports’ infrastructure and service quality, promoting Greece’s key tourism industry. The JV will be responsible for the airports’ modernisation, maintenance, management and operation ...
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