DEI: bond offering for residents of Kozani and Florina regional units

The bond issuance is being carried out through DEI Renewables and concerns up to 50,000 common registered dematerialized bonds, each with a nominal value of €100. The bond offers a fixed annual yield of 8% and a five-year term, which translates into a total return of approximately 40% on the initial capital (pre-tax) by maturity.

The company has set a minimum subscription limit of five bonds (€500) and a maximum limit of 250 bonds (€25,000) to allow participation from as many local residents as possible.

Eligible participants—exclusively residents of the Kozani and Florina regional units—may submit their applications from March 13 to April 17, 2026. Residency verification will be conducted through supporting documents such as tax authority certificates, recent utility bills (electricity, telecommunications, or water), or residential lease agreements.

Applications will be submitted at the branches of Piraeus Bank operating in the two regional units. If the issuance is not fully subscribed by investors, the remaining amount will be covered by the parent company, DEI.

This initiative was initially announced by Georgios Stassis, Chairman and CEO of DEI, during the presentation of the Group’s investment plan for Western Macedonia at an event held at the former lignite-fired power plant in Kardia.

€5.75 Billion Investment Plan in Western Macedonia

The bond issuance forms part of the broader €5.75 billion investment plan of the DEI Group for Western Macedonia over the next 3 to 5 years. The plan envisages transforming the region’s former lignite sites into a technological and green energy hub for Greece and Southeastern Europe.

Key projects under the plan include:

• The creation of a 300 MW mega data center at the Agios Dimitrios Power Plant, with the potential for a second-phase upgrade to a giga data center of up to 1,000 MW.
• Renewable energy projects exceeding 2 GW.
• Energy storage projects totaling 860 MW, including two pumped-storage facilities.
• The conversion of the Ptolemaida 5 Power Plant into a 295 MW natural gas OCGT unit, with the potential for future upgrade to a 440 MW CCGT unit.

According to the Group, the implementation of these projects is expected to generate up to 20,000 jobs during the construction phase and approximately 2,000 jobs during operation, once the projects are fully operational.