Alpha Bank’s dynamic presence in PPP financing to date as well as its readiness and willingness to support its Customers in the upcoming “wave” of transactions, was mentioned, among others, by Nikos Nezeritis, Alpha Bank’s Composite Finance Manager, from the panel “Financing new PPP projects – the role of banks” of the 4th PPP Forum.
Leading presence of Alpha Bank in infrastructure projects
Mr. Nezeritis underlined that Alpha Bank has been a leading player in the financing of important infrastructure projects for many years, and in particular in 2021 and 2022 it is very active and noted: financed the expansion of Olympia Odos and we starred in the PPP project for waste management in the Peloponnese Region, in which we acted as the main financial advisor of the investor, but also the bank that financed the largest PPP project so far “.
“At the same time, we proceeded with the first refinancing of a PPP project in Attica schools, while also, in the upcoming PPPs, Alpha Bank has undertaken one of the first road projects to be implemented with availability payments,” he added.
“PPPs an effective way to build infrastructure”
Explaining the context of PPPs, Mr. Nezeritis said that PPPs focus on project management and maintenance and not just construction. PPPs are therefore an effective way to build and manage infrastructure, as private entities (investors and banks) aim, through sound infrastructure management, to repay their capital. He stressed the importance of the General Secretariat of PPPs for the supervision and monitoring of PPP projects, while referring to the conclusions from the three PPP projects financed by Alpha Bank, he stood for the correct distribution of risks, but noted the “little progress in understanding local authorities about how PPPs are implemented and how they can monitor them “.
For the interest of large international investors in Greece, he noted that this is limited, as they can not adapt to the slow implementation of projects and the relatively low amount per PPP project (Euro 50-60 million). “Therefore, if we want to attract foreign capital and know-how for PPPs, we need to redefine the scope and speed of the relevant tenders,” he said.
Regarding the new era in PPP financing, he pointed out that “The inclusion of new projects in PPPs is welcome and the Bank will support this effort by offering solutions, financing and consulting to its customers, however, the total availability payments should remain at a sustainable level.”
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
