Stamati Stamatiou
Portland, OR (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
SynEnergy
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Startup
Location:
Kavala
Industry:
Energy
Year Founded:
2008
Number Employees:
1-10 people
Description:
We are a project management and development company that is committed to developing zero-emission green energy utilizing readily available geothermal resources in Greece.
Up front investment costs for this project as the site is rich in geothermal resources, benefits from extensive geophysical and hydrological analysis that have already been done, and is home to an existing, currently unused (capped) geothermal well. Transmission lines are in close proximity, and feed-in tariffs under EU law ensure that there will be a profitable market to sell the generated electricity.
Regulations and bureaucratic procedures for permitting such projects have been streamlined as EU Directive 2001/77 on electricity from RES has been adopted by the Greek government in June 2005 as Law 3468/06. This law simplifies the permitting process and makes Geothermal power projects under 500Kw exempt from the obligation of being granted a production authorization license.
Another significant advantage to this project in Greece, making it especially attractive, are the Investment Subsidies and Tax Exemption status that this project, as a qualifying RES project, is granted under Greek law.
C-Level Executive (CEO, CFO, etc.)
SynEnergy
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Investor
Location:
Kavala
Range:
Below $10k - $10 Mil
Investor Type:
Capital Broker
Accredited:
Yes
Description:
Funding Types:
- Equity Funding (VC, Angel, PE)
- Alternative/Creative Finance
- Secured Loan
Industries:
Investment Regions:
- Greece
C-Level Executive (CEO, CFO, etc.)
SynEnergy
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Service Provider
Location:
Kavala
Description:
We are a project management and development company that is committed to developing zero-emission green energy utilizing readily available geothermal resources in Greece.
Up front investment costs for this project as the site is rich in geothermal resources, benefits from extensive geophysical and hydrological analysis that have already been done, and is home to an existing, currently unused (capped) geothermal well. Transmission lines are in close proximity, and feed-in tariffs under EU law ensure that there will be a profitable market to sell the generated electricity.
Regulations and
Services Provided:
- Capital Broker