Greek industrial group Mytilineos SA (FRA:MYH) will not be occupied with buying a stake in home renewable energy producer Terna Power (ATH:TENERGY), it mentioned on Thursday after sure stories on the matter in native media.
Rebuffing the stories in a bourse submitting, Mytilineos claimed they don’t correspond to actuality and are “completely groundless.”
As of end-September 2022, Terna Power had 895 MW of renewable energy vegetation in operation, the majority of which wind, and 1,234 MW of wind, photo voltaic, hydro and vitality storage tasks beneath building. The corporate’s aim is to personal 3,300 MW of capability in 2025.
Mytilineos develops and builds photo voltaic and vitality storage tasks by way of its renewables and storage improvement (RSD) enterprise. The division had a 9.1-GW portfolio on the finish of 2022, together with 539 MW of capability in operation, 1 GW beneath building and a pair of.2 GW of tasks nearing the shovel-ready standing.
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