Power & Gas Business Unit

MYTILINEOS is firmly established in the Electric Power and Gas market. The Power & Gas Business Unit, where the Company is active through the brand name Protergia, brings under the same roof the management of all MYTILINEOS energy assets and activities. The Company  is among the leaders of the private-sector initiative in the electric power market and is the largest independent electricity producer in Greece, with a portfolio of energy assets totaling more than 1,200 MWh of installed capacity, which accounts for over 13.5% of the licensed thermal plant production capacity operation in the country. As a private producer of electricity with investments in high-tech power plants, Protergia has an in-depth knowledge of the electricity market and is constantly engaged in carrying out environment-friendly investments, thus contributing to the Greek economy and to employment. Protergia is also active in the supply of electric power, providing electricity to businesses, professionals and households aiming to meet the customers’ requirements for competitive prices and modern, reliable services.

The company’s activity in the Energy sector is strengthened by the Natural Gas operations, which secure its supply with natural gas on competitive terms, thus enabling it to enhance the Company's energy profile and, at the same time, achieve remarkable organic growth.

  • Largest privately owned power and gas utility in Greece with total expected capacity of 2.3 GW by the end of 2021 and key focus on ESG standards
  • MYTILINEOS Natural Gas and RES generation capacity allows it to take advantage of the ongoing decarbonization process in Greece
  • Most efficient fleet of thermal plants among energy producers, ranking first in the merit order
  • MYTILINEOS represents more than 41% of natural gas imports in Greece with a diverse and competitive portfolio of supply options
  • Largest retail supplier in electricity and gas through “Protergia”, with a customer base exceeding c.250,000 end customers (vsc.130,000 in Dec 2018)

PROTERGIA

Protergia is the Electricity and Natural Gas Unit of MYTILINEOS, the largest independent electricity producer company in Greece.

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Energy Portfolio

The energy unit of MYTILINEOS manages the company's energy assets including gas-fired thermal power plants...

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Electricity Production

Electricity production mainly from thermal plants. With regard to primary electricity production, MYTILINEOS...

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Development & operation of RES plants

In the sector of Renewable Energy Sources, MYTILINEOS produces electricity from Wind Farms (194 MW in...

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RES and HECHP Aggregators

The energy system in transition The impacts of climate change are being felt in people’s everyday lives all over...

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Participation in EU funded projects

Participation in “HORIZON 2020” Protergia, actively participates in two research projects, funded by the...

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New IPP-II power plant at Agios Nikolaos energy complex

The new combined cycle gas fueled power plant (CCGT), an investment of 300 million euros, has entered the final stretch for its completion, which is expected by the end of 2021...

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Gas Trading

MYTILINEOS paved the way for the liberalization of the Natural Gas market in Greece, as it was the first private company to obtain a license for the supply and trade of natural gas in Greece.

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