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IPTO
Successful tests of the electrical interconnection between Crete and Attica
IPTO's subsidiary, Ariadne Interconnection, has successfully completed the SAT (Site Acceptance Test) for the cable system of the Crete-Attica electricity interconnection at the Koumoundouros Conversion Station.
Calls for binding offers for the submarine cables in the Dodecanese-North East Aegean
The final phase of IPTO's international tender for the conclusion of a framework agreement for the submarine cable projects for the electrical interconnections of the Dodecanese and the islands of the North Aegean Sea is starting.
The construction of the electrical interconnection between Crete and Attica is completed
With a time horizon of spring 2025, at the start of the tourist season, the electrical interconnection system between Crete and Attica, the construction of which was completed last week, is expected to come into operation.
Meridiam has acquired a 49.9% stake
Meridiam has acquired a 49.9% stake in the Greece-Cyprus-Israel Great Sea Interconnector project, according to Bloomberg.
Cooperation with Serverfarm for the operation of state-of-the-art Data Centers in Greece
Independent Power Transmission Operator (ADMIE) and Serverfarm, a leading global data centre management company, have signed an agreement for the creation of the Gemini consortium, aiming to develop and operate state-of-the-art hyperscale-ready data Centres in Greece.
Net profit of €120 million for the 9-month period
Independent Power Transmission Operator (ADMIE Group) reported a consolidated net profit of €120 million in the 9 months of 2024, compared to €91.4 million in the corresponding period of 2023.
Agreement for the sale of 20% of the shares of Ariadne Interconnection finalized
The agreement for the sale of 20% of the shares of Ariadne Interconnection, a subsidiary of PTO and the operator of the Crete-Attica electricity interconnection, to State Grid International Development (SGID), was signed by the Chairman and CEO of the Operator, Mr. Manos Manousakis, and the Chairman of SGID, Mr. Yu Jun.
November a crucial month for future projects
While December will see the release of the findings of Grant Thornton's preliminary feasibility study for the Greece-Germany electricity interconnection, November is a crucial month for the progress of the IPTO-run Greece-Cyprus electricity interconnection project as it awaits Cyprus' decisions on whether or not to participate in the project.
Contract between with IPTO for the submarine interconnection of the Ionian Islands
Cenergy Holdings announces that Hellenic Cables, its cables division, has been awarded a contract by Independent Electricity Transmission System Operator for the design, supply and installation of 150 kV XLPE underground and submarine cables.
In talks with possible investors and next moves ahead
Procedures are progressing, both inside and outside Greece, for the electrical interconnection of our country with Cyprus and Israel, according to IPTO CEO Manos Manousakis.
Upgrading the interconnections of Kefalonia, Zakynthos and Lefkada
Independent Power Transmission Operator (ADMIE) ensures increased energy reliability in the Ionian Islands with the upgrades of the electrical interconnections between Kefalonia (Zakynthos) and Lefkada (Kefalonia).