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IPTO
Extension of the second phase for the allocation of 20% of Ariadne Interconnection
The deadline for submitting the financial offers of the schemes is the end of July in the second phase of the tender for the allocation of 20% of the special purpose company "Ariadne Interconnection SA."
Great Sea Interconnector under threat
The project will be discontinued if the Cyprus Energy Regulatory Authority's ruling regarding the Great Sea Interconnector—which would connect electricity to Greece—is not overturned, IPTO Chairman and CEO Manos Manousakis stated.
At least 5 new electrical corridors needed for an EU backbone network
During his speech at the ENTSO-E General Assembly in Athens, Manos Manousakis, President and CEO of IPTO, stressed the necessity for Europe's operators to work together on the design of horizontal and vertical electricity transmission corridors at the pan-European level.
109.8 million in revenues in the first quarter - 25.1% increase in net profit
The first quarter of 2024 saw notable growth for IPTO Group, according to the results released today.
Memorandum of Understanding with Meridiam for the Great Sea Interconnector
Meridiam and the Independent Power Transmission Operator (IPTO) have signed a Memorandum of Understanding (MoU).
How the Greece-Cyprus-Israel interconnection is progressing
According to IPTO officials, significant work is being done to implement the Greece-Cyprus-Israel electricity interconnection, which will end Cyprus's energy isolation permanently.
Extension until 12 July of the tender for 20% of Ariadne Interconnection
The Attica-Crete electricity interconnection operator, "Ariadne Interconnection SAES," is offering a 20% stake in its company. The second phase of the tender is still open until July 12.
Amendment of the regulatory decision to proceed with the electrical interconnection of Greece – Cyprus – Israel
Τhe need to amend the regulatory framework in order for the Greece-Cyprus-Israel electrical interconnection project to proceed smoothly, was underlined by the chairman and CEO of the Independent Power Transmission Operator (IPTO), Manos Manousakis.
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.