Greece's Mytilineos not keen on getting Terna Energy stake

Feb 10, 2023 09:21 AM ET
  • Greek commercial group Mytilineos SA (FRA: MYH) is not curious about getting a risk in residential renewable power manufacturer Terna Energy (ATH: TENERGY), it said on Thursday after specific reports on the matter in neighborhood media.
Greece's Mytilineos not keen on getting Terna Energy stake
Image: Terna Energy SA

Rebuffing the reports in a bourse declaring, Mytilineos asserted they do not correspond to fact and are "entirely groundless."

Since end-September 2022, Terna Energy had 895 MW of renewable power plants in operation, the bulk of which wind, and also 1,234 MW of wind, solar, hydro as well as energy storage projects unfinished. The firm's objective is to possess 3,300 MW of capacity in 2025.

Mytilineos develops and also develops solar and energy storage space projects via its renewables as well as storage advancement (RSD) service. The department had a 9.1-GW portfolio at the end of 2022, consisting of 539 MW of capacity in operation, 1 GW under construction as well as 2.2 GW of projects nearing the shovel-ready status.

Solar Installers, Manufacturers