Overview
TERNA ENERGY has been a key player in the renewable energy sector for over two decades, holding the largest and most diversified portfolio of projects in Greece, with 2,500 MW in operation, under construction and ready for construction. Masdar acquired a majority shareholding in the company in November 2024.
Its landmark projects include the 327MW Kafireas wind project and the 680MW Amfilochia hydro-pump storage project.
Masdar is bringing long-term capital and global expertise to supercharge TERNA ENERGY’s growth plans as it targets 6GW of renewable energy operational capacity by 2029, supporting the energy transition in Greece and Eastern Europe. This strategic acquisition will also play an important role in growing Masdar’s portfolio in Europe as it targets 100GW global capacity by 2030.
Project Info
Technologies Used
Wind, Hydroelectric, Solar, Pumped Storage, Waste Management
Location
Greece
Project Completion Year
2024
Status
Successfully completed acquistion of 70% of shares
