A binding offer for the lease of the assets owned by the Greek State, which are under the management of LARCO General Mining and Metallurgical S.A., was received today by TAIPED. These assets include (a) the Larymna mine, namely the mining rights and the mining plant, land, facilities and equipment and (b) the Loutsi mine, […]
Tag: GEK TERNA
What are the major PPP projects they are taking forward
her Eleni Bota 4 billion Euro projects to be implemented through Public-Private Partnerships (PPPs) are in the planning and tendering process. One of the major projects expected to be auctioned in the next period is the Havria dam with a budget of 85.4 million euros. According to the competent bodies, the feasibility of the project […]
P. Lazaridou (GEK TERNA): A new generation of investment projects is being created in the country
A new generation of investment projects is being created in the country, with construction, energy and infrastructure being the most promising sectors, noted Penelope Lazaridou, member of the executive board and general financial director of the group, GEK TERNA, speaking at the 26th roundtable discussion of the Economist bank with the Greek government. Mrs. Lazaridou […]
GEK Terna: The change of loan terms was approved by the bondholders
GEK Terna announces that on June 30, 2022, according to the invitation of the Bondholders of KOD 2018 from 16.06.2022 to Meeting, by electronic means without the physical presence of the Bondholders, the repeated Meeting of the bondholders of the bond issued 22.03.2018 Program for the Issuance of a Joint Bond Loan up to euro […]
Recipient of investors’ interest for its assets is GEK Terna – No decision so far
GEK Terna states in an announcement that recently it has received interest from investors for its assets (including its subsidiaries), however it is noted that no decision has been taken to conclude any relevant transaction. As noted in the relevant announcement, among the other issues that the company considers before making a relevant decision is […]
G. Peristeris: This is the truth about the so-called super profits in electricity
By Eleni Botas The president and CEO of GEK TERNA, George Peristeris, gave quick and hurried calculations, speaking yesterday during the Ordinary General Meeting, the so-called super profits of the energy producers. “They talked about surplus revenues, but forgot to mention surpluses. Things are much more mediocre and if I make an estimate, I think […]
GEK TERNA: 6.5 billion euros of investments – 5 billion euros outstanding – 20,000 new jobs
By Eleni Botas Investments of 6.5 billion euros that will create more than 20,000 new jobs are currently implemented or participated by the GEK TERNA Group. As stated by the President and CEO of GEK TERNA Group, G. Peristeris, during the Ordinary General Meeting of the Group, “This year is a milestone for our Group, […]
GEK TERNA: On June 30, the repeated meetings of the bondholders of KOD 2020 and 2018
On Thursday, June 30, the repeated Meetings of the bondholders of the Common Bond Loans of 2020 and 2018 of GEK TERNA will take place, as the required quorum was not reached in today’s meetings. In particular, in the meeting of the bond lenders of the Bond Issuance Program up to 500,000,000 issued on 19.06.2020 […]
GEK TERNA – Hard Rock: This is the new architectural plan of the hotel-casino in Elliniko
By Matina Harkoftaki The official foundations of their cooperation were laid by GEK TERNA and Hard Rock, which join forces for the implementation of the integrated tourist and entertainment casino complex in Elliniko, an investment of 1 billion euros. Hard Rock CEO Jim Allen presented the new architectural design of the grand project, saying that […]
The critical G.S. of GEK TERNA and the hidden goodwill
By Eleni Botas The market is focused on the call of the GEK bondholders, which is scheduled for Monday, June 27. Subject, the “consent to the use of net proceeds from the sale of an excluded asset”, which is estimated to be related to the interest shown for Terna Energy. Terna Energy has received the […]