Gek Terna

Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY

VINCI Concessions, AVAX Concessions, AKTOR Concessions and GEK TERNA jointly purchase stake for Olympia Odos tollway connecting greater Athens to Patras, and eventually Pyrgos

A public offer for the remaining 30% of TERNA Energy by Masdar is 'on deck'. Meanwhile, with its enhanced financial position, GEK TERNA will focus on infrastructure, concessions, waste management, hydropower projects, and even opportunities in Southeast Europe

GEK TERNA released an official statement confirming the agreement

Toll rates for car drivers using the Attiki Odos motorway will drop to 2.50 euros from 2.80 euros at midnight Oct. 5.

The agreement includes further investments and expenditures for upgrades and modernization, totaling 380 million euros over the duration of the concession

Once operational, the new waste plant in the central Macedonia province will process waste created by nearly 65% of the region’s population

Gek Terna president and CEO Giorgos Peristeris referred to an expansion of the ATHEX-listed multinational’s portfolio on Wednesday, following the announcement last week of a deal with Abu Dhabi-based Masdar for the sale of the former’s renewables subsidiary, Terna Energy. In referring to the three billion euros that will flow back into Gek Terna’s coffers, […]

The 3.2bln-euro deal by Masdar is the largest energy transaction on the Athens Stock Exchange and one of the biggest in the European renewables sector

Terna Energy reports greater installed power from its wind park network in the SE corner of Evia Island, the biggest such project in Greece

President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway

GEK Terna was declared the provisional concessionaire for the Hania-Irakleio portion of the ambitious north Crete tollway

Upward revisions for Gek Terna’s stock continue on the back of a recent successful private placement of six million shares to international investors, as well as the construction, energy and concession group’s highest bid in an international tender to build and commercially exploit the new northern Crete tollway. Gek Terna’s share ended above 14 euros […]

The new airport, at the Kasteli site, will replace the outdated Nikos Kazantzakis airport, which is the second busiest in Greece

The hydro-pumped storage project is located in Amfilochia and includes 680MW production and 730MW pumping/storage

The cost for construction the specific tollway stretch is estimated at 1.8 billion euros

The placement represents 5.6% of the company's total share capital

The Gek Terna group on Thursday announced nine-month revenues of 2.529 billion euros, compared with 2.762 billion euros during the corresponding period of 2022, with EBITDA totaling 396.3 million euros, compared to 404.8 million in 9M last year. The ATHEX-listed conglomerate, whose companies are active in construction, energy and concessions, reported net profits of 88.8 […]