Terna Energy
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Company type | Public |
| Athex: TENERGY | |
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| Headquarters | Athens, Greece |
Area served | Greece |
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| Products | Energy Construction Concessions Waste management Mining Real Estate |
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| Total equity | €495.66 million (2020[1]) |
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| Parent | Masdar |
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Terna Energy (Template:Langx) is a Greek renewable energy company that is listed on the Athens Exchange.[6]
Until 2024, it was a subsidiary of Greek conglomerate GEK Terna, which through its subsidiary Heron S.A. is as well involved in the construction and operation of thermoelectric power generation fuelled with natural gas. However, the company produces energy exclusively from renewable energy sources, including wind farms and small hydroelectric plants.
It also constructs renewable energy plants and integrated process units for the overall management and energy utilization of wastes and biomass.
History
The company was incorporated in 1997 as a subsidiary of Terna, which in 1999 merged with GEK to form Greece's largest conglomerate. The Athens-based company has been listed at the Athens Exchange since 2009 and belongs to the 25 companies forming the FTSE/Athex Large Cap index.[6] In 2013, U.S. investment firm York Capital Magagement bought a 10% share of parent company GEK Terna and another 3% share of Terna Energy.[7]
In November 2024, it was announced that Masdar had completed the purchase of a 70% stake in Terna Energy for $3.3 billion.[8]
See also
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References
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- ^ Page Module:Citation/CS1/styles.css has no content."Financial Statements".
- ^ Page Module:Citation/CS1/styles.css has no content."Financial Statements".
- ^ Page Module:Citation/CS1/styles.css has no content."Financial Statements".
- ^ Page Module:Citation/CS1/styles.css has no content."Financial Statements".
- ^ Page Module:Citation/CS1/styles.css has no content."Financial Statements".
- ^ a b Page Module:Citation/CS1/styles.css has no content."Company profile: Terna Energy". Athens Exchange. Archived from the original on 22 December 2015. Retrieved 21 December 2015.
- ^ Page Module:Citation/CS1/styles.css has no content."US fund to invest 100 mln euros in Greece's GEK Terna". Reuters. 4 November 2013. Retrieved 21 December 2015.
- ^ Page Module:Citation/CS1/styles.css has no content."Masdar completes $3.3bn Terna Energy acquisition". Yahoo! Finance. Retrieved 2024-12-13.
Sources
- Page Module:Citation/CS1/styles.css has no content."Annual Financial Report 2014" (PDF). Terna Energy.
External links
- No URL found. Please specify a URL here or add one to Wikidata. Template:In lang
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