It is expected to be fully operational in the spring of 2025.

The Company’s share capital will increase by €19,154,480.10

The project is set to be completed by Q4 2026.

The agreed purchase price for the property is €15,000,000.

Trading commenced on December 18, 2024, without the issuance of new shares.

The debt financing of the transaction was provided by the National Bank of Greece (NBG).

The objective is to execute a squeeze-out and delist TERNA Energy from the Athens Stock Exchange (ATHEX).