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Intrakat: In Bako – Kaymenaki – Exarchou 31.7% – In Angelou and Gotsi 30%

LAST UPDATE: 10:41

By Eleni Bota

61.7% of Intrakat changes hands. In particular, the agreement between S. Kokkalis and the shipowners Kaimenakis – Baku was closed, while Mr. Exarchou also participates in the deal, for Intrakat.

At the same time, according to information, approximately 30% of Intrakat is acquired by Kostas Angelou (Benelux Overseas) and Ilias Gotsis (Eurotankers). The information states that Mr. Gotsis acquires approximately 15% of the construction company and Mr. Angelou 13.5%, percentages which are allegedly obtained from the holdings of Mr. Dimitris Theodoridis (controlling 12.13%), Louka Lazarakis and Stasinopoulos Municipality (10.10%) and Petros Suretis (6.20%).

In particular, as stated in a relevant announcement, the successful completion of its discussions with investors was completed by Intracom Holdings, shareholder of Intrakat by a percentage of 23.54% and controlling a total of 36.79% of the total of the company, through its subsidiary company Intracom Technologies. shares of Intrakat.

Following this, it was agreed that Intracom Holdings, which held a 5.09% stake in Intrakat, proceed on 07/05/2022, together with Intracom Technologies, to sell all of their remaining shares of Intrakat (23,795,107 shares, percentage 31.70%), against a sale price of €2.95, per share and a total price of €70,195,565.65, to the buyer Winex Investments Limited, a company of interests of Mr. Baku, Kaimenaki and Exarchou.

It is recalled that the outstanding balance of Intrakat’s signed contracts reaches 1.1 billion euros, while the construction company participates in PPP tenders, having been selected for a total of 12 projects, with a budget of approximately 1.5 billion euros.

Its portfolio of projects includes the undergrounding of the railway line in Sepolia, the settlement of the Eschatia stream, the study and construction of the Paphos-Chrysochou highway in Cyprus, its selection in a joint venture with the French company Bouygues was chosen by Lamda Development as a consultant with form of Early Contractor Involvement (ECI) for the construction of the Residential Tower in Hellinikon Marina (Riviera Tower).

In the next period, he expects the signing of contracts for the projects of the Athens railway station with a budget of 33.9 million euros, the DEDDIE contracts for the construction of distribution networks in the amount of 155 million euros and the extension of Kymi Avenue in the amount of 350 million euros together with the companies TERNA and AKTOR.

Intrakat is also a temporary contractor on the road axis Kalamata – Rizomylos – Pylos – Methoni, with a budget of 252 million euros together with Aktor Parachoresis and on BOAK, in the Hersonissos – Neapoli section, with a budget of 192.5 million euros together with GEK TERNA and ACTOR Concessions.

In the energy sector, Intrakat has 100 MW of wind turbines licensed, 100 MW with definitive connection conditions and 500 MW for which environmental licensing is in progress and 350 MW of photovoltaics are awaiting connection conditions.

By the end of the year, according to management estimates, a “green” portfolio totaling 1 GW will have matured to the stage of environmental permitting.

At the same time, the company has received licenses for storage units with a total capacity of 500 MW, which are intended mainly for Boeotia, but also for Western Macedonia, Evia and Thrace.

Source: Capital

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