Bloomberg: New Greek Infrastructure Innovation Fund considers €1bn investment in technolog

Source: ProtoThema English

The Hyperfund is being transformed into the Hellenic Innovation and Infrastructure Fund (HIIF) and plans to work with private investors to make €1 billion in investments over the next three to four years, the fund’s head, Yannis Papachristou, who oversees state assets, tells Bloomberg.

According to a Bloomberg report, the new investment “vehicle” was created to support the country’s effort to recover from its decade-long debt crisis. It will be part of the sovereign wealth fund, which manages privatizations, and its portfolio already includes state-owned enterprises and stakes in private companies in sectors such as real estate, energy, infrastructure and banking.

“The Hyperfund is being transformed into a state-owned wealth fund,” Chief Executive Yannis Papachristou said in an interview. The ultimate goal is to attract foreign direct investment, mainly in high-value-added sectors and the “new economy”, as he describes it, as well as job creation.

The newly established Hellenic Innovation and Infrastructure Fund was launched with just over €300 million in capital and, together with private investors, aspires to allocate around €1 billion over the next three to four years in areas such as renewable energy, digital infrastructure such as data centres, the blue economy, agricultural technology, water management and biotechnology.

The original article: https://en.protothema.gr/2025/09/16/bloomberg-new-greek-infrastructure-innovation-fund-considers-e1bn-investment-in-technology-and-energy/ belongs to ProtoThema English .