Terna Energy

Terna Energy (Greek: ΤΕΡΝΑ Ενεργειακή) is a Greek renewable energy company that is listed on the Athens Exchange.[5]

This article is about the Greek energy company. For the Italian company, see Terna Group.
Terna Energy S.A.
Native name
ΤΕΡΝΑ Ενεργειακή
TypePublic
Athex: TENERGY
IndustryEnergy, Construction
Founded1997 (1997)
HeadquartersAthens, Greece
Area served
Greece
Key people
  • Giorgos Peristeris (Chairman)
  • Emmanuel Maragoudakis (CEO)
ProductsEnergy
Construction
Concessions

Waste management
Mining
Real Estate
Revenue €158.3 million[1] (2014)
€89.92 million[2] (2014)
€25.850 million[1] (2014)
Total assets €1.340 billion[3] (2014)
Total equity €538.25 million[3] (2014)
Owners
  • GEK Terna (45.9%)
  • Giorgos Peristeris (24.68%)
  • York Global Finance (7.70%)
[4]
Number of employees
 (2014)
ParentGEK Terna
Websitewww.terna-energy.com

The company is a subsidiary of Greek conglomerate GEK Terna, which through its subsidiary Heron S.A. is as well involved in the construction and operation of thermoelectric power generation fuelled with natural gas. Terna Energy however exclusively produces energy from renewable energy sources, including wind farms and small hydroelectric plants. It also constructs renewable energy plants and integrated process units for the overall management and energy utilization of wastes and biomass.

The company was incorporated in 1997 as a subsidiary of Terna, which in 1999 merged with GEK to form Greece's largest conglomerate. The Athens-based company has been listed at the Athens Exchange since 2009 and belongs to the 25 companies forming the FTSE/Athex Large Cap index.[5] In 2013, U.S. investment firm York Capital Magagement bought a 10% share of parent company GEK Terna and another 3% share of Terna Energy.[6]

See also

References
  1. Terna Energy 2014, p. 24.
  2. Terna Energy 2014, p. 56.
  3. Terna Energy 2014, p. 22.
  4. Terna Energy 2014, p. 19.
  5. "Company profile: Terna Energy". Athens Exchange. Retrieved 21 December 2015.
  6. "US fund to invest 100 mln euros in Greece's GEK Terna". Reuters. 4 November 2013. Retrieved 21 December 2015.

Sources
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