The Greek Deal.com
CENERGY HOLDINGS
Political developments do not affect the new plant in the US, nor projects in South America
The nine-month figures announced by Cenergy during yesterday's analyst briefing were characterized as particularly positive. The company is expected to end the year with a significant increase in profitability, net profit, and sales.
Strong margin improvement and high backlog in the nine months to 2024
Cenergy Holdings recorded strong margin improvement and a consistently high backlog of orders for the nine months to 2024.
Strengthening technology at Corinth Pipeworks
Cenergy Holdings announces that Corinth Pipeworks, its steel pipe division, is further improving its competitive position with a series of strategic investments that will enhance its capacity and strengthen its production capabilities for the coming years.
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.
Supply of high and extra-high voltage cables to French RTE
Cenergy Holdings announces that RTE (Réseau de Transport d'Électricité) has chosen Hellenic Cables, for the supply of cables and their associated components, as well as the implementation of the assembly of the cable systems for the underground network throughout France.
Supply of cables for the extension of the Dutch energy network
Cenergy Holdings announces that Hellenic Cables, its cable business, has signed a multi-year framework agreement with Enexis Netbeheer for a landmark project aimed at strengthening and expanding the electricity network in the Netherlands.
Hellenic Cables supplies inter-array cables for the New Jersey Offshore Wind Project
Cenergy Holdings announces that Hellenic Cables, its cable division, has signed a partnership agreement with Leading Light Wind, one of the largest offshore wind farms in the US.
The US investment is the foundation of a new chapter
The Athens Exchange welcomed on Wednesday the management, executives, and partners of Cenergy Holdings on the occasion of the commencement of trading of the new shares of the company resulting from the capital increase of €200 million in cash and the cancellation of the pre-emptive rights of existing shareholders.
The meaning of the investment in United States
The major investment in the US was emphasized yesterday by the management of Cenergy Holdings on the occasion of the €200 million capital increase, which started and will be completed next Thursday.
Share capital increase of up to € 200 million
Cenergy is proceeding with a share capital increase of up to € 200 million with the cancellation of the existing shareholders' preferential rights, subject to the approval of the relevant prospectus.
The roadmap of the share capital increase and the timeline of the large investment in the US
The intention of Cenergy's management to initiate the preparation process for a possible share capital increase has been verified according to BnB Daily.