January 30, 2025
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- Lithium Force Group (LF Group) today announced that, together with its strategic partners, it has committed and secured funding exceeding $130 million to support the deployment of breakthrough renewable energy and energy storage technologies in Greece during the 2026–2027 investment period.
- The investment program will focus on Northern Greece, where LF Group has identified and secured suitable facilities to commence implementation of its renewable energy and energy storage solutions. The region’s strategic positioning, infrastructure access, and growing industrial energy demand create a strong foundation for scalable deployment.
- With corporate offices in the United States, Europe, and China, LF Group has selected Greece as its strategic gateway for expansion into the broader European market. The initiative aims to introduce innovative renewable energy, cleantech, and energy efficiency technologies designed to enhance grid resilience, accelerate decarbonization, and support long-term energy sustainability across the region.
- What distinguishes LF Group is its dual commitment to delivering strong financial performance while advancing the strategic objectives of its partner companies. The Group’s investment philosophy combines disciplined capital allocation with technology-driven growth in high-demand infrastructure sectors.
- To lead the Greek operations, LF Group will appoint Mr. Markos Dempas as Chief Executive Officer for Greece. Mr. Dempas, an economist and former President of the Chamber of Kavala, will head the project’s execution in Greece alongside a team of senior executives and technical specialists, who will be announced in the near future.
- This investment marks a significant step in LF Group’s long-term strategy to establish a strong presence in Europe’s rapidly expanding renewable energy and storage market, positioning the company at the forefront of sustainable infrastructure development.
