The investment in West Attica by OB Streem, owned by US investment fund HIG Capital, is set to potentially strengthen Greece’s role as a strategic hub.
Securing financing of €655.5 million, through a syndicated bank bond loan, the group continues the implementation of the Hull Logistic Center in Aspropyrgos on the land formerly occupied by the Hellenic Halyvourgia.
This is a project that aspires to become the first trimodal hub in Southeastern Europe. This specific investment not only has an economic impact, but also carries a strong geopolitical significance.
HIG Capital offers a strategic outlet for Western interests and European supply chains, strengthening the region’s resilience against monopolistic dependencies, diplomatic sources typically report. OB Streem favors an autonomous network connecting the sea with the train and the road network (trimodal). In the heart of West Attica, at the old Halyvourgia facilities in Aspropyrgos, the €300 million project is progressing in parallel with the moves being made for the concession of part of the port of Elefsina, the development with US financing of the Elefsis Shipyards and the financing of the Thriasio Freight Center.