# Fulgor SA receives €88 million loan for cable capacity expansion

Fulgor SA, a subsidiary of Hellenic Cables, signed an €88 million loan agreement with the EBRD to support an up to €110 million investment programme expanding annual cable production capacity. The investment plan covers 2023-2025.

- Type: Investment
- Announced: 2023-04-27
- Where: Greece
- Value: $97.0M (88.0M EUR)
- Status: announced
- Products: cables, green infrastructure cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Fulgor SA](https://endata.com/companies/70003.md)
- [Cenergy Holdings](https://endata.com/companies/11320.md) (partner)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)
- [Hellenic Cables](https://endata.com/companies/42018.md) (partner)

## Sources

- [cenergyholdings.com](https://cenergyholdings.com/new/fulgor-sa-receives-e88-million-loan-under-ebrd-s-greek-rrf-co-financing-framework/), 2023-04-27: "The funds will be used to support an up to €110 million investment programme, expanding Fulgor’s annual cable production capacity, as announced on January 19th, 2023, as well as associated working capital outlays once the new production capacity is available, and research & development (R&D) initiat"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.