GEK TERNA: A Group of Critical Infrastructures
GEK TERNA has evolved into a leading infrastructure group in Greece with a portfolio of concessions expected to generate significant cash flows over the next 25 years.
The GEK TERNA Group has transformed into a leading infrastructure conglomerate in Greece, developing a concession portfolio with a minimum remaining duration of 25 years, potentially yielding cash flows of β¬11 billion. This evolution has primarily stemmed from its activities in construction and energy, under the leadership of CEO and major shareholder George Peristeris, as the company completes a significant investment cycle leading to the maturation of its major concessions.
Among its current concessions, GEK TERNA oversees the largest network of highways in Greece, stretching over 2,000 kilometers. The company is not only involved in road infrastructure but is also actively developing the second largest airport in Greece, located in Kastelli, Heraklion, and is constructing the only branded Integrated Resort Complex in mainland Europe at Elliniko, in partnership with Hard Rock, with a total investment of β¬1.5 billion.
Additionally, GEK TERNA holds a significant stake in projects that enhance its presence in the energy sector, contributing to its broad infrastructural capability. As these projects come to fruition, they are expected to anchor the companyβs operations and deliver substantial economic benefits for Greece, marking an important development in the nationβs infrastructure landscape.