The Greek Deal.com
TERNA ENERGY
General Meeting approved Terna Energy sale to Masdar
The General Meeting of the shareholders of GEK TERNA recently approved the sale of the RES portfolio and related activities to Masdar.
Approval of the acquisition of joint control by More and TERNA Energy over Aeoliki
The Competition Commission has approved the creation of a joint venture through the acquisition of joint control by More and Terna Energy over Aeoliki.
EU Commission greenlights the deal with Masdar
The European Commission has cleared the acquisition of Terna Energy by Masdar under the EU Merger Regulation, paving the way for the completion of the €3.2 billion deal.
Masdar deal approved by the EU
The European Commission has announced that it has cleared under the EU Merger Regulation the acquisition of sole control of Terna Energy by Masdar of the United Arab Emirates.
The deal with Masdar for the sale of over 50% of Terna Energy to be announced soon
It is anticipated that GEK Terna and the United Arab Emirates Masdar Fund will soon announce their agreement for over 50% of Terna Energy's shares.
37.6% increase in revenues and 54.3% in net profits – Dividend € 0.38/share
TERNA Energy recorded a significant increase in revenues (+37.6%) and adj. net profits (+54.3%) during the first quarter of the year.
10% increase in revenues and 8.3% increase in profits
Terna Energy reported a 10% increase in revenues and an 8.3% increase in profitability, with €178.4 million in adjusted EBITDA and €0.51 in net profit per share.
The first two licenses for pilot projects of offshore wind farms have been issued
The first two research licenses for pilot projects of offshore wind farms were granted today to investors ("AIOLIKI PROVATA TRAIANOUPOLIS," a subsidiary of TERNA ENERGY, and "Thrakiki Wind 1 SA," a subsidiary of the Kopelouzos Group)
Issuance of Exploration and Survey License for Off Shore Wind Projects
TERNA Energy announced that has been granted today by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) one out of the two first Exploration and Survey Licenses issued for pilot off shore wind projects in Greece.