Detailed Overview:
On April 14, 2025, the Hellenic Competition Commission was notified of a concentration involving the companies AKTOR RENEWABLES SINGLE MEMBER SA (operating under the trade name AKTOR RENEWABLES S.A.), a subsidiary of the AKTOR Group, and BOZATZIDIS - MITSIOLIDIS SA (operating under the trade name GREEN LINE ENERGY S.A.). Through this concentration, these companies will acquire joint control over SUN FORCE ONE SA (operating under the trade name SUN FORCE ONE) by AKTOR RENEWABLES acquiring a 51% stake, while GREEN LINE ENERGY retains a 45% stake in the company.
The business activities of the companies involved are as follows:
(a) AKTOR RENEWABLES S.A. focuses on the development and management of renewable energy projects aimed at generating electricity.
(b) GREEN LINE ENERGY S.A. is active in the renewable energy sector, with its primary focus being the construction and maintenance of photovoltaic power plants.
(c) SUN FORCE ONE was established on November 12, 2024, with the aim of producing electricity from renewable energy sources. The company is currently a subsidiary of GREEN LINE ENERGY, which holds a 96% share in its capital.
