Enelco owns two licences to develop gas-fired power plants in Viotia and Evros and it will participate in all tenders to develop independent electricity stations in Greece
Athens, 4th October 2006 Italian utility Enel has agreed to increase its stake in Greek power company Enelco as part of its expansion strategy into Southeastern Europe.
Following an agreement signed in Athens, Enel will increase its participation in Enelco to 75% from 50%. The remaining 25% of Enelco is owned by Prometheus Gas, a joint company of Copelouzos Group with Russian Gazprom.
Enelco owns two generation licenses for the development of gas-fired combined cycle power stations in Viotia and Evros.
Enelco will participate in all tenders for the development of independent power generation stations in Greece, starting from the tender for the development of new capacity for 400 MW recently issued by the Greek Authorities.
Enel, in cooperation with Prometheus Gas, aims to be an important player in the liberalized energy market of Greece and it will also have the possibility of exporting energy to Italy via existing sub-sea power lines.
For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. - with registered office in Rome, at 4 Piazza Priscilla - as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022.
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.