GEK TERNA

The investment will start from scratch, will create a premium tourist spot, will offer employment to thousands of young people, will yield significant revenues to the public sector and, most importantly, will give added value to Greece’s brand.

Analysts estimate that, in the case of Terna Energy, the current market capitalization of 2 billion euros is a fair valuation, with the stock trading at 17.3 euros, for an installed capacity of 900MW.

Attica Odos is the most profitable in Greece, excluding any extensions as in the last seven years as today’s shareholders (ELLAKTOR and AVAX) have received in the form of dividends more than 700 million euros without including the hundreds of millions they receive for its maintenance.

In one of the biggest projects to go ahead in Greece in recent years, three bidders are expected to submit bids on Thursday for the construction of two power conversion plants that will form part of the Attica-Crete grid electricity connector. Along with international partners, the three bidders have their eye on the tender, worth 380 million euros, that has been extended twice.

A final joint ministerial decision on the privatization of the Hellinikon complex in southern Athens is expected to be approved on Friday, marking a milestone for the execution of the delayed project.