Tag: ELPE

Nine non-binding bids at DEPA Trade tender – Greece, 23 March 2020

Greek privatization fund TAIPED said that it has received nine non-binding bids for the sale of a 65 % stake in DEPA Trade, natural gas supply company emerged from DEPA’s prior privatization split. Investors who have expressed an interest in acquiring the stake include: Shell Gas, Vitol Holding, Full article available for subscribers of Energy […]

ELPE reports strong Q4 results – Greece, 28 February 2020

Despite the adverse environment for refining, Hellenic Petroleum (ELPE) reported positive financial results for the last quarter of 2019. The Group’s earnings before interest, tax, depreciation and amortization (EBITDA) amounted to 118 million euros in the fourth quarter of 2019, and to 572 milli Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

ELPE to acquire Greek largest solar power plant – Greece, 11 February 2020

Greek Minister of Energy Kostis Hatzidakis announced that ELPE Renewables, a subsidiary of Greek oil refiner Hellenic Petroleum, agreed to purchase unfinished solar project from German company Juwi. The plant in question is located near Kozani in northern Greece and, with installed capacity of 204 M Full article available for subscribers of Energy NEWS service […]