HELPE announced the acquisition of 55.2 MW wind farms in Eastern Mani, Laconia.
In particular, HELLENIC PETROLEUM Holdings S.A. announced, in the context of the implementation of its strategy for growth in the RES sector, the signing of a binding agreement for the acquisition by “HELPE RENEWABLE WIND PARK MANIS S.A.” – a wholly owned subsidiary of HELPE RENEWABLES S.A. – of the companies “MAKRYLAKKOMA SA” and “SAGIAS SA”, owned by the Kopelouzos Group and the “International Construction” Group. The wind farms, with a total capacity of 55.2 MW, are located in Eastern Mani of Laconia and have been in operation since December 2019. The total price for 100% of the shares of the two companies amounts to €90 million.
The windfarms
The two windfarms of the acquired company “MAKRYLAKKOMA SA” located at Makrylakkoma in Eastern Mani, have a total power of 29.9 MW and consist of 13 wind turbines. The other two windfarms, of the company “SAGIAS SA”, are located at the location of Prophet Ilias in Eastern Mani, have a total power of 25.3 MW and consist of 11 wind turbines. It is estimated that the four windfarms can cover, with clean energy, the annual energy needs of approximately 40,000 households or 8,000 small and medium-sized businesses.
PricewaterhouseCoopers Business Solutions S.A. (PwC) acted as financial advisor to ELPE RENEWABLES SA, while the law firm Lampadarios & Associates acted as legal advisor.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece’s Top Unions Announce April 9 Nationwide Strike
As of now, there is no official announcement on whether workers in public transport systems will join the strike, leaving questions about the availability of buses, metro, and trams on the day.
PM Mitsotakis to Chair New Democracy’s Committee Meeting
Today’s meeting is seen as a crucial opportunity to halt internal disputes within ND and reaffirm unity within the party.
Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy
EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.
The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
