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ADMIE HOLDINGS
US sovereign wealth fund for the Greece-Cyprus-Israel electricity interconnection
As was made public today, the US fund DFC indicated its practical interest in taking part in the Greece-Cyprus-Israel interconnection project in a Letter of Intent addressed to the management of IPTO.
The tender for the sale of 20% continues with two companies
With the goal of receiving the financial bids from the participating business groups by June 21, the tender for the sale of a 20% stake in the special purpose company Ariadne Interconnection SA is proceeding.
€1.7 billion tender for the supply of underground and submarine cables
Independent Power Transmission Operator (ADMIE) has launched a tender for the conclusion of a six-year Framework Agreement for the design, supply, & installation of HV/EHV and HV/C cables in the context of island interconnection.
Saudi Greek Interconnection electricity interconnection studies launched
A call for technical and market studies for the operation of the Greece-Saudi Arabia electricity interconnection was made in Riyadh.
Double net profit, to €116 million for the year 2023
Earnings soar to €116 million for ADMIE Holdings
Construction of the cable section for the Greece (Crete)-Cyprus interconnector has commenced
ADMIE informs that the construction of the cable section for the initial leg of the Greece-Cyprus-Israel interconnection, specifically the Crete-Cyprus interconnection, is underway.
Vasilios Mikas appointed as the new Vice Chairman of the Board of Directors
ADMIE informs investors that on 14.12.2023 Mr. Panagiotis Iliopoulos, Vice-Chairman of BoD, submitted in writing to the Board of Directors his resignation
Net profits doubled in the 9m period
Net Profits of ADMIE HOLDINGS amounted to EUR 46.0 million, showing a significant increase compared to EUR 20.4 million