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3 clusters · 18 sources · 13 days · First seen · Last updated

Metlen Energy & Metals corporate and energy expansion

Overview

Metlen Energy & Metals is pursuing strategic organizational and operational expansions in Greece. The company is considering an initial public offering (IPO) for its infrastructure subsidiary, METKA Group, on the Athens Stock Exchange. This move follows a reorganization designed to consolidate construction, concessions, and facility management into a single platform to enhance capital access and operational flexibility.

In parallel, Metlen has partnered with the Karatzis Group to inaugurate a 330 MW / 790 MWh energy storage facility in Neas Karyes, Larissa. Representing a €170 million investment supported by the EU’s Recovery and Resilience Facility, the project is owned 51% by Karatzis Group and 49% by Metlen. During the inauguration, attended by Prime Minister Kyriakos Mitsotakis, Metlen Chairman Evangelos Mytilineos noted that while such projects are vital for industrial competitiveness and managing energy costs, current legislative caps of 500 MW per investor may hinder Greece’s ability to meet its national energy storage target of 4 GW by 2028.

The facility, which is among the largest in Europe, marks a strategic milestone for Greece’s energy infrastructure. Metlen has assumed responsibility for the construction, operation, and maintenance of the plant. Prime Minister Mitsotakis described the facility as a “vital step toward Greece’s future,” emphasizing its role in strengthening national energy security and the country’s production base.

Entities

Karatzis Group · Metlen Energy & Metals · Kyriakos Mitsotakis · M Concessions · Athens Stock Exchange

Timeline

  1. [BUSINESS] 3 sources
    Greece inaugurates major battery storage facility in Larisa

    Greece has inaugurated a 330 MW / 790 MWh battery storage facility in Larisa, one of Europe's largest, to bolster energy security.

  2. [BUSINESS] 8 sources
    Greece inaugurates largest standalone battery storage plant in Thessaly

    Greece has launched its largest standalone battery storage plant in Thessaly, a 330 MW project by METLEN and Karatzis Group. Meanwhile, EnEarth Greece plans a new CO2 storage platform in the Kavala Gulf.

  3. [BUSINESS] 8 sources
    Metlen considers Athens Stock Exchange listing for METKA Group

    Metlen Energy & Metals is exploring a potential IPO for its infrastructure subsidiary, METKA Group, on the Athens Stock Exchange to fund expansion in Greece and Southeast Europe.

Sources

businessdaily.gr · energygame.gr · energymag.gr · finanznachrichten.de · fortunegreece.com · graktuell.gr · iefimerida.gr · ienergeia.gr · makthes.gr · mononews.gr · naftemporiki.gr · newmoney.gr · newsit.gr · ot.gr · sil.fi · taiyangnews.info · tovima.gr · ypodomes.com

This summary has been updated 2 times: see revision history