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IPTO
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).
The critical points in the energy transition
The high penetration of RES, which has now reached 60% in the domestic energy mix, has Manos Manousakis, President and CEO of IPTO, focused on managing the new reality.
State Grid's offer of €62 million for the 20% stake in Ariadni Interconnection
The amount of the improved offer in the tender for the sale of 20% of Ariadni Interconnection to State Grid amounted to €62 million, ADMIE announced today (Friday).
Revenue up 27.4% in the first half of the year - €37.6 million
IPTO HOLDINGS S.A. records an increase in profits and revenues in the first half of the year.
Political agreement between Mitsotakis and Christodoulides
The open issues for the electricity interconnection project between Greece and Cyprus were discussed yesterday between the President of the Republic of Cyprus, Nicos Christodoulides, and the Prime Minister, Kyriakos Mitsotakis, in a meeting at the Maximou Mansion, where they reaffirmed the interest and political commitment of Cyprus and Greece for the implementation of the Great Sea Interconnector.
Green light from Cyprus for the electricity interconnection with Greece
Yesterday, the Cypriot cabinet gave the go-ahead for the €1.9 billion project for the energy interconnection between Greece and Cyprus to move forward with the agreement with the Greek government and IPTO.
Everything points out to a deal with Cyprus for the electrical interconnection
Last minute consultations of the Greek and Cypriot sides on the major issue of the electrical interconnection between the two countries, a project for the implementation of which Tel-Aviv has clearly positioned itself in favour of, as it includes the prospect of (co)connecting Israel to the Great Sea Interconnector.