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Heads of Power Grid Operator ADMIE Resign After Pay Increase Furore

The president and the CEO of the state-owned Independent Power Transmission Operator (IPTO or ADMIE) submitted on Monday their resignations to Energy and Environment...

PPC Shareholders Approve Transfer of 51 % Stake in ADMIE

On Tuesday Greece's power utility Public Power Corp (PPC) approved the transfer of a 51 percent stake in the power grid operator ADMIE. The move...

Tsakalotos, Stathakis Meet with Bank Managers Over ADMIE Sale

The actions needed to ensure the timely conclusion of the privatisation of the country's power grid operator ADMIE were discussed in a meeting between...

China’s State Grid Submits Winning Bid for 24% Stake in ADMIE

Greece’s power utility PPC announced on Wednesday that China’s State Grid Corporation has submitted the winning bid for a 24 percent stake in grid...

Italian and Chinese Companies Make Bids for Sale of 24% Stake in ADMIE

Greece received two binding bids for the sale of a 24 percent stake in power grid operator ADMIE on Friday, the final day for...

Joint Italian Terna-F2i Bid for Stake in Greece’s ADMIE

There is rumor that the Italian power grid company, Terna, along with the infrastructure fund F2i (Fondi Italiani per le Infrastrutture) will be making...

Power Utility Says Three Companies to Continue in ADMIE Tender

Power utility PPC announced that three companies out of four that expressed interest will continue in the tender for the sale of a 24...

Energy Minister Skourletis: ‘Agreement on ADMIE a Huge Success for the Government’

"The agreement for Independent Power Transmission Operator (ADMIE) has closed and its implementation is underway. The agreement clearly states the need for PPC to...

Greece’s Public Power Corporation Reports 66% Profit Loss

Greece's Public Power Corporation (PPC) on Thursday reported a 66 percent drop in the nine-month net profit. The public utility that has monopolized the electricity...

Greek Power Grid Operator Seeks Chinese Funding

Greece's power grid operator ADMIE has signed a non-binding agreement with China Development Bank as it looks for fresh capital to finance infrastructure projects. State-controlled...

Chinese Company Buys 75% Stake in Four Greek Wind Parks

China’s Shenhua Group has acquired a 75 percent stake in four wind parks developed by Copelouzos, the Greek developer said. According to Reuters, Shenhua Group...

Greek and Chinese Companies Sign Four Collaboration Agreements

Greek and Chinese companies signed four collaboration agreements in Athens on Thursday, before the completion of the second Greece-China Action Plan work group meetings. Action...

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