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€60 million revenue from lease/sale of gas turbine units to PPC | TheGreekDeal.com
GEK Terna
€60 million revenue from lease/sale of gas turbine units to PPC
GEK Terna Group will record cumulative revenues of €60 million from the lease to PPC and subsequent sale of three gas turbine units.
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Giorgos Peristeris, President Terna Energy

GEK Terna Group will record cumulative revenues of €60 million from the lease to PPC  and subsequent sale of three gas turbine units with a total capacity of 130 MW.

On 16 April, Terna signed a contract with DEEH, under which it will lease three gas turbine units with a total capacity of 130 MW for the coverage of additional power needs at the Linoperasmata NPP in Crete for a period until 31/12/2025.

Upon expiry of the lease, PPC has an option to purchase the three units.

 

 

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