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Manos Manousakis unveils 1 of Europe’s astir ambitious energy infrastructure programs, aiming to treble ADMIE’s regulated plus base, accelerate EBITDA maturation and alteration Greece into a strategical vigor gateway connecting Europe, Asia and Africa.
Electricity is rapidly becoming the caller geopolitical currency of Europe — and Greece’s Independent Power Transmission Operator, ADMIE, is positioning itself astatine the halfway of that transformation.
With a monolithic €6 cardinal concern program for 2026–2029, ADMIE is entering the largest enlargement rhythm successful its history, seeking to treble its Regulated Asset Base (RAB) portion evolving into 1 of the fastest-growing transmission strategy operators successful Europe.
During a teleconference with analysts up of the upcoming superior summation scheduled for June, the absorption of ADMIE Holdings presented a wide connection to investors: the institution is preparing for a caller epoch of assertive infrastructure growth, predictable regulated returns and expanding geopolitical importance.
At the bosom of this strategy stands ADMIE Chairman and CEO Manos Manousakis.
Manousakis presented a imaginativeness that goes acold beyond energy grids. The program efficaciously redefines Greece’s strategical relation successful the vigor architecture of Southeast Europe and the Eastern Mediterranean.
“We are doubling the regulated plus basal and creating the conditions for yearly EBITDA maturation of up to 25%,” management emphasized during the presentation.
The upcoming superior summation of ADMIE Holdings represents the archetypal large financing measurement successful this transformation. ADMIE Holdings volition enactment proportionally successful ADMIE’s astir €1 cardinal superior increase, contributing up to €530 million.
The Greek State, done DES ADMIE, has already confirmed its information and volition efficaciously enactment arsenic guarantor for the transaction, sending a beardown awesome of assurance to the market.
But the existent value of the program is not simply financial.
It is geopolitical.
ADMIE is progressively evolving into a strategical infrastructure pillar for Greece astatine a clip erstwhile Europe is pursuing vigor autonomy, decarbonization and large-scale electrification.
The €6 cardinal concern programme includes projects susceptible of reshaping the vigor representation of the Eastern Mediterranean and Southeast Europe.
At the halfway of the strategy are Greece’s large land interconnections.
The Dodecanese interconnection project, budgeted astatine €2.9 billion, is 1 of the Mediterranean’s largest energy infrastructure projects and is expected to destruct oil-based powerfulness procreation connected the islands by connecting them to the mainland grid by 2030.
At the aforesaid time, the North Aegean interconnection project, valued astatine €1.4 billion, volition integrate Lesvos, Chios, Samos and Limnos into the nationalist transmission network, importantly improving vigor information portion enabling greater renewable vigor penetration.
ADMIE is besides aggressively expanding planetary energy interconnections.
The 2nd Greece–Italy interconnector (GRITA 2), with a capableness of astir 1.5 GW, volition dramatically summation cross-border transmission capableness and deepen Greece’s integration into the European energy market.
Additional interconnection projects with Turkey and Albania are besides nether consideration, portion ADMIE is actively participating successful initiatives designed to transport greenish energy from Egypt and the Middle East into Europe.
In applicable terms, Greece aims to go a three-continent energy gateway.
And this is precisely what gives ADMIE increasing strategical importance.
Management presented investors with a highly predictable regulated-return model. The company’s model is based connected the Regulated Asset Base mechanics and a pre-defined pre-tax WACC of 6.87% for 2026, ensuring unchangeable currency flows and extortion against macroeconomic volatility.
In an progressively uncertain planetary environment, ADMIE is emerging arsenic 1 of the astir disposable and structurally unafraid infrastructure concern stories successful the Greek market.
The fiscal show already supports that narrative.
Between 2022 and 2025, EBITDA grew astatine a compound yearly complaint of 16%, nett profits accrued by 31%, and shareholder dividends roseate by 30%.
For 2025, the institution expects a dividend of €0.15 per share, representing a 25% summation compared to the erstwhile year. Management besides reaffirmed its committedness to distributing astir each profits received by ADMIE Holdings from ADMIE itself.
ADMIE Holdings Chairman Ioannis Karabelas highlighted that full shareholder returns person already exceeded 80% — much than treble those of comparable European transmission operators.
But the broader communicative lies successful Greece’s rapidly changing vigor landscape.
Electricity request is expected to surge implicit the adjacent decade, driven by electrification, artificial intelligence, information centers, integer infrastructure and the modulation toward cleanable vigor systems.
According to Greece’s National Energy and Climate Plan, home energy request is projected to emergence from 57.1 TWh successful 2025 to 73.1 TWh by 2035, portion renewable vigor sources are expected to relationship for 93% of energy generation.
At the aforesaid time, Greece’s implicit phase-out of lignite procreation by 2028 makes large-scale grid enlargement unavoidable.
ADMIE is positioning itself up of that curve.
And if the strategy succeeds, Greece volition nary longer relation simply arsenic a nationalist energy market.
It volition look arsenic 1 of Europe’s astir strategically important vigor transmission hubs
Source: pagenews.gr
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