Terna Energy

This article is about the Greek energy company. For the Italian company, see Terna Group.
Terna Energy S.A.
Native name
ΤΕΡΝΑ Ενεργειακή
Company type
Public
Athex: TENERGY
IndustryEnergy, Construction
Founded1997; 29 years ago (1997)
HeadquartersAthens, Greece
Area served
Greece
Key people
  • Giorgos Peristeris (Chairman)
  • Emmanuel Maragoudakis (CEO)
ProductsEnergy
Construction
Concessions

Waste management
Mining
Real Estate
Revenue€328.09 million (2020[1])
€124.53 million (2020[2])
€73.38 million (2020[3])
Total assets€1.974 billion (2020[4])
Total equity€495.66 million (2020[5])
ParentMasdar
Websitewww.terna-energy.com Edit this at Wikidata

Terna Energy (Greek: ΤΕΡΝΑ Ενεργειακή) 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

References

  1. ^ "Financial Statements".
  2. ^ "Financial Statements".
  3. ^ "Financial Statements".
  4. ^ "Financial Statements".
  5. ^ "Financial Statements".
  6. ^ a b "Company profile: Terna Energy". Athens Exchange. Archived from the original on 22 December 2015. Retrieved 21 December 2015.
  7. ^ "US fund to invest 100 mln euros in Greece's GEK Terna". Reuters. 4 November 2013. Retrieved 21 December 2015.
  8. ^ "Masdar completes $3.3bn Terna Energy acquisition". Yahoo! Finance. Retrieved 2024-12-13.

Sources

Content Disclaimer

Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.

  1. The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
  2. There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
  3. It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
  4. Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
  5. Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.