Deals Counterparts

GEK Terna S.A.

company

GEK Terna S.A. is a leading diversified infrastructure group based in Greece, with extensive activities in construction, concessions, and energy. The group develops, constructs, and operates large-scale infrastructure projects including motorways, airports, waste management facilities, and a significant portfolio of renewable energy assets through its subsidiary Terna Energy. Its strategy focuses on sustainable growth in its core markets and expanding its renewable energy footprint.

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Founded 1972 6,000 employees
Diversified Infrastructure GroupDeveloperEPC ContractorOperatorInvestor

Strategic Overview

  • Strong focus on expanding renewable energy capacity through its subsidiary Terna Energy, aiming for 6 GW of installed capacity.
  • Diversified revenue streams from construction, energy production, and long-term concessions provide stability.
  • Strategic geographic expansion beyond Greece, particularly in Southeastern Europe, the Middle East, and the USA.
  • Commitment to sustainable development and ESG principles, integrating them into project development and operations.

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Key People

George Peristeris
Chairman & CEO
Michael G. Vrachimis
Vice Chairman
Emmanuel V. Maragoudakis
Executive Member of the BoD

Track Record

2,500
MW Total
52
Years Active
$M10,000M
Total Value
Notable projects: Athens International Airport, E65 Central Greece Motorway, Moreas Motorway, Olympia Odos Motorway, Kafireas Wind Farm Complex (330 MW), Integrated Waste Management Facilities (Epirus, Western Macedonia), New Heraklion Airport at Kasteli, Crete

Detailed Analysis

Sectors
TransportUtilitiesEnergy TransitionRoads/Toll RoadsAirports
Technologies
Onshore WindSolar PVHydropowerBattery StorageWaste-to-EnergyThermal PowerOffshore Wind
Geographies
GreeceAlbaniaBulgariaRomaniaSerbiaNorth MacedoniaSaudi ArabiaQatarUnited Arab EmiratesUnited States
Deal Stage
GreenfieldBrownfieldOperating

Subsidiaries

Terna Energy S.A.HERON S.A.Terna S.A.

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