Mytilineos nears green energy deal in North America

Mytilineos is close to reaching an agreement on green energy in North America, Evangelos Mytilineos, chairman and CEO of Mytilineos Energy & Metals, told Bloomberg TV on Tuesday.

In an interview, Mytilineos said that the framework in North America is very attractive and noted that in Europe the system is more bureaucratic and things move more slowly.

"That's why I believe that although Europe was at the forefront of energy transition, North America will catch up and move faster," he said.

"Europeans are not putting money on the table, that's why many companies in the green transition era are generally looking North American markets. Europeans encourage you to do things or push you away if you don't. North Americans, not only in the US, in reality push you forward, offering subsidies, and therefore I believe that they will move faster than Europe in the future."...