An amount of 3.3 billion euros is intended to be invested by the Mytilineos group in Renewable Energy Sources in Italy over the next four years, as reported by the Group’s Chief Executive Director, Energy, Yiannis Kalafatas, Reuters reports.

Speaking at a corporate event in Italy, Mr. Kalafatas also stated that the group has begun the procedures for a dual listing on the London market, having chosen Morgan Stanley and Citi as advisors.

In the target of Ev. Mytilinaios the Commission

As it became known earlier, the powerful man of the group, Evangelos Mytilenaios, speaking at a conference in Florence, in his capacity as President of Eurometaux, criticized the European policies that affect the sustainability of the industry, commenting that energy costs are much higher in Europe, creating an uneven playing field.

“There is no doubt that the outgoing Commission was as ‘green’ as it could be. I think the “green” transition was number 1 on the list at first, now I don’t know if the “green” transition is on the list at all. We need to combine the green transition, the decarbonisation of the economy with a healthy industry because that is how we will go further.”