Of Thanks to Floudopoulos The electricity suppliers expressed their opposition to RAE’s proposal for the adoption of standard bid application forms and tariffs for electricity bills in the context of the public consultation conducted by the Regulator. At the same time, the suppliers disagree with the proposal of RAE to characterize the retail tariffs on […]
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Pressure for acquisitions and mergers in the electricity market
By Harry Floudopoulos The resilience of power supply companies is being tested by the ongoing energy crisis, which has soared the costs of the wholesale market, more than doubling the need for working capital. In the area of liquidity, even stronger pressures are expected to be exerted by a possible new wave of unpaid bills, […]
GEK TERNA: Completed the acquisition of 100% of HERON II with funds from the COD of 500 million.
Following the announcement of GEK TERNA dated 12.07.2021 regarding the agreement for the acquisition of 100% of the shares of the HERON Group companies and after the approval of the competent authorities, the company announced that the acquisition of the additional 75% of its shares has been completed. HERON II VIOTIAS SA, which operates a […]