Growthfund, true to its mission in maximizing public wealth, is advancing its strategic transformation journey, as the National Fund of Greece, by establishing a new dedicated fund that will invest in Greece’s key economic sectors.
This new investment fund will operate as a subsidiary with its own governance, management and investment capabilities. Its mission will be to foster the growth of the Greek economy to benefit its citizens and the environment, focusing on mobilising additional private investment into Greece. The fund which is expected to launch in 2025 will initially be seeded with €303.5 million, provided through the recent transfer back to the State of EYATH S.A. (Thessaloniki Water Supply and Sewerage Company) and EYDAP S.A. (Athens Water Supply and Sewerage Company), before considering alternative sources of funding in the future.
The new fund’s investments are expected to focus on strategic sectors for the country, strengthening Greece’s position as a leader in the green transition and digitalization. These investments will be made mainly through minority participations in corporates and infrastructure projects that contribute to Greece’s growth.