Summary
Holding Co. ADMIE IPTO S.A. (08M) FAQ
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Holding Co. ADMIE IPTO S.A. Profile
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Mr. Ioannis Karabelas CEO | XFRA Exchange | GRS518003009 ISIN |
| Greece Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Admie Holding S.A., established in 2017 and headquartered in Athens, Greece, plays a pivotal role in the electrical energy sector of the country. As a subsidiary of the Public Holding Company IPTO S.A., its core mission is to operate, control, maintain, and develop Greece's electricity transmission system. This is key to ensuring the reliable supply of electricity across the nation. The importance of Admie Holding S.A. in the Greek energy landscape is underscored by its responsibility for the infrastructure that facilitates electricity flow from producers to consumers, playing a significant role in energy security and economic stability.
Products and Services
- Operation of Electricity Transmission System
The company is charged with the seamless operation of Greece's electricity transmission grid. This encompasses managing the day-to-day operations to ensure that electricity generated by power plants is efficiently transmitted through high-voltage lines across the country to substations, where it is then distributed to consumers. This operational capacity is vital for the integrity of the national power supply and the prevention of blackouts.
- Control and Maintenance of Transmission Infrastructure
Admie Holding S.A. is responsible for controlling and maintaining the transmission infrastructure to guarantee its reliability and safety. This includes regular inspections, repairing and upgrading existing lines, and installing new lines to meet future energy demands. By ensuring the health and efficiency of the transmission system, the company helps to achieve a balance between supply and demand, thus facilitating a stable electricity market.
- Development of Electricity Transmission System
Another critical service offered by Admie Holding S.A. involves the development of the electricity transmission system. This includes planning and executing projects to expand the grid and enhance its capacity to integrate renewable energy sources, meet growing electricity demands, and support the transition to a more sustainable energy mix. By investing in the future of Greece's transmission infrastructure, Admie Holding S.A. supports the country’s energy policy objectives and environmental commitments.
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