Cycladic Interconnection Phase C – Selection of NEXANS as successful tenderer
ADMIE HOLDING
ADMIE (IPTO) Holding holds a 51% stake in the Independent Power Transmission Operator S.A. (IPTO or ADMIE), which is the sole asset in the portfolio of ADMIE Holding.
Its Articles of Association stipulated the acquisition of a 51% stake in the share capital of the IPTO by means of transfer by Public Power Corporation (PPC) and the undertaking of the corporate acts, transactions and procedures, which are set out in L. 4389/2016 (Greek Government Gazette A’ 94/27.05.2016), as amended by L. 4393/2016 (Greek Government Gazette A’ 106/06.06.2016).