TERNA ENERGY is committed to sustainable development and the priority that green energy has in achieving a sustainable world. We consider that energy is the key driver for the development of our society and we are committed in building a sustainable energy future for the world by increasing the use of Renewable Energy Sources.

TERNA ENERGY aims to establishing a competitive position in the RES projects’ chain, from development to energy production, building a strong position in a portfolio of technologies, with a strong presence in Greece and abroad.

The company’s priorities are the following:

• To significantly expand the installed capacity.
• Further strengthening its leadership position in Greece and expanding its international presence.
• Holding a diversified portfolio of technologies, maintaining a strong position in wind and expanding in solar, hydro and biomass.
• Exploiting the GROUP’s competencies in the RES value chain by gaining experience in areas such as sub-marine energy transmission cable laying, pumped energy storage and batteries.

In June 2024, Masdar, the UAE’s dean energy leader, reached a definitive agreement with GEK TERNA SA and other shareholders of TERNA ENERGY SA to acquire initially 70% of the company’s outstanding shares.

Masdar has launched an all-cash mandatory tender offer to acquire all the remaining outstanding shares of TERNA ENERGY with the intention of reaching 100%.

The acquisition reflects Masdar’s confidence in TERNA ENERGY’s growth plan targeting renewable energy operational capacity of 6GW by 2029, as well as the strength of the Greek market and its renewables sector.