Greek electricity market
Energy
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 a joint bid to pick up the 24 percent stake the Greek grid operator ADMIE...
Business
Greek Public Power Corporation Launches Subsidiary in Turkey
Greece’s Public Power Corporation (PPC) will launch a subsidiary company in Turkey. The new company will trade in electrical energy and will have a share capital of 2 million Turkish liras (about 686,000 euros).
According to a PPC announcement on...
Economy
Greek Blackouts Risked as Power Companies’ Cash Runs Out
Greece faces the threat of rolling power blackouts as the economic crisis leaves utilities without cash to pay for natural gas imports and operate power stations, Bloomberg reported.
Regulators will meet with Greece’s power market operator as early as today...