EGNATIA ODOS SA, to appoint TREK Development as a Principal Project Finance & RES Advisor for its energy related Infrastructure facilities. TREK to assess the as-is status of its open road & tunnels lighting in terms of technology and consumption and hereinafter to design a “to-be approach” of its energy efficiency new infrastructure. In addition, TREK to assess other Renewable energy potential infrastructure, namely PV and Wind Power structures. TREK to design and build a Financial model for the purpose of overhauling its Energy Efficiency and Renewable Energy capacity. Final outcome is the justification and selection the best financing structure, among different scheme options.
EGNATIA ODOS SA is the exclusive owner & facilitator of the largest motorway in Greece with some 970 Km newly built transport infrastructure, stretching from Igoumenitsa in the Ionian-Adriatic sea, to Alexandropolis, the outermost eastern borders of Europe. EGNATIA motorway is an iconic infrastructure project influencing: 36% of the country’s population and 33% of the country’s GNP. The overall construction cost of the Egnatia Motorway amounts to 6b€ net amount.
The EGNATIA Administration seeking for better efficiency in terms of Technology usage and financing exploitation, thus to engage TREK to explore a new model for its energy usage and efficiency. 60.000+ road lights across the 670 Km open and tunnel road request for better exploitation in terms of safety, performance and cost reduction. In addition, hidden energy gems at the possession of EGNATIA ODOS need to be addressed. Photovoltaic and wind infrastructure may provide extra financial strength to the company and support its future development activities. TREK to address all these issues by designing a full set of model financing for better energy efficiency and energy related usage. Following these services, TREK to propose the optimum set of technology & structure financing, among different options, namely lending/procurement, PPP, PFI, ESCO service, Availability contracting, etc. Project duration is 4 months.
