With the acquisition of the Lahmeyer Group, Tractebel acquired a firm basis in Greece which can look back on almost 20 years of history in the Greek energy and infrastructure markets. Based in Voula, Athens, Tractebel is today a leading provider of independent technical advisory services in Renewable Energy projects to lenders, investors, financing institutions and private developers.
Having been involved in almost 1400 MW of Greek wind farm projects, and benefitting also from strong references in the Greek PV market, Tractebel intends to play a leading role in the new era of renewables, providing a tailor-made spectrum of services fully attuned to the needs of the new European legislation framework for renewables.
Lahmeyer International entered the market in Greece in 1997 with the establishment of the firm's Greek branch. Focusing initially on infrastructure projects, the company rapidly expanded its portfolio to include renewable energy projects, starting with the first major wind power project in 2005 – and since 2009 the company has been exclusively involved with renewables. In 2014 Lahmeyer International was purchased by Tractebel, and the final 'rebranding' of the company was concluded in early 2019 such that it now operates under the new name of Tractebel Engineering GmbH.
For the past 15 years Tractebel has provided technical advisory services for numerous wind energy, photovoltaic and small hydropower plant projects, providing professional assistance to strategic local financing institutions including Alpha Bank SA and Eurobank Ergasias SA as well as international financing institutions and funds such as the European Investment Bank, the European Bank for Development and Reconstruction, UniCredit Bank AG and Fortress Investment Group LLC. Tractebel has performed the assessment of projects for several major Greek developers – to name just a few: Terna Energy S.A., Eren Renewable Energy S.A., EDF Hellas S.A., EuroEnergy, Nostira Renewable Energy SA, Eunice Energy Group, RF Energy SA and other international power companies.