The Greek Deal.com
MYTILINEOS
Undertake irrigation PPPs in Larissa and Karditsa
GEK TERNA and Mytilineos take over the irrigation PPP in Larissa and Karditsa with a total budget of €131,2 million.
Renamed "Metlen"
In light of the company's shares being listed on the London Stock Exchange, the General Meeting of the company recently approved the historic decision to rename Mytilineos as "Metlen" (Metlen Energy & Metals).
€3.3 billion invested in renewable energy in Italy over the next four years
Over the next four years, Mytilineos Group will invest €3.3 billion in renewable energy projects in Italy, according to a statement made on Monday by chief executive director (CED) Yannis Kalafatas.
Placement of 4,5 million shares
Mytilineos is going ahead with a placement of 4.5 million shares, which is worth €175 million.
Strengthened 10% net profit in the first quarter - Considering LSE listing
Mytilineos recorded a 10% increase in net income in the first quarter of 2024, which amounted to €158 million in the first quarter of 2024.
Launches energy provenance tracking with Powerledger
Mytilineos will introduce energy provenance tracking and tracing features in Greece, in partnership with Powerledger.
€400 million EIB backing to accelerate renewable energy transition
Mytilineos will deploy a new portfolio of solar PV and battery storage systems (BESS) projects in the period through 2027 that will add capacity of approximately 2.6GW.
The Competition Commission approves the acquisition of Imerys Bauxite
The Competition Commission announced that it approved the concentration pertaining to the acquisition of exclusive control by Mytilineos over Imerys Bauxite Greece
In the DJSI Index for a 2nd consecutive year
The inclusion in the DJSI is based on the S&P Global Corporate Sustainability Assessment, in which Mytilineos managed to be in the top 6% of companies with the best ESG performance worldwide in its sector
£1 billion contract for subsea link in the UK
GE Vernova - MYTILINEOS Consortium Awarded £1bn Contract to Construct the UK’s First High-Capacity East Coast Subsea Link
Sellers dominate
Sellers dominate the stock market amid a global corrective trend following the assertive tones of Fed Jerome Powell.