TERNA ENERGY continues its dynamic growth, targeting 6 gigawatts (GW) of renewable energy capacity by 2029

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About
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TERNA ENERGY is committed to sustainable development and the priority that green energy has in achieving a sustainable world. We consider that energy is the key driver for the development of our society and we are committed in building a sustainable energy future for the world by increasing the use of Renewable Energy Sources.

TERNA ENERGY aims to establishing a competitive position in the RES projects’ chain, from development to energy production, building a strong position in a portfolio of technologies, with a strong presence in Greece and abroad.

The company’s priorities are the following:

  • To significantly expand the installed capacity.
  • Further strengthening its leadership position in Greece and expanding its international presence.
  • Holding a diversified portfolio of technologies, maintaining a strong position in wind and expanding in solar, hydro and biomass.
  • Exploiting the GROUP’s competencies in the RES value chain by gaining experience in areas such as sub-marine energy transmission cable laying, pumped energy storage and batteries.

In June 2024, Masdar, the UAE’s dean energy leader, reached a definitive agreement with GEK TERNA SA and other shareholders of TERNA ENERGY SA to acquire initially 70% of the company’s outstanding shares.

On November 28th 2024, Masdar, the UAE’s clean energy leader, acquired 70% of the company’s outstanding shares to become majority shareholder.

On April 10th 2025 Masdar completed the 100% Acquisition of TERNA ENERGY, cementing major European Expansion. Providing significant capital investment in Greece and other EU countries, the acquisition demonstrates Masdar’s commitment to accelerating renewable energy growth in Southeastern and Central Europe, unlocking renewable energy capacity and supporting the EU’s net zero by 2050 goals. TERNA ENERGY to play an important role in enhancing Masdar’s portfolio across Europe as it targets 100GW global clean energy capacity by 2030.