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GEK Terna, under George Peristeris, is concluding a multi-year investment cycle focusing on critical infrastructure in Greece. The company is developing the second largest airport in Kastelli, Heraklion, and a €1.5 billion Integrated Resort Complex in Ellinikon, in partnership with Hard Rock.

It owns 40% of the VOAK, the largest motorway under development in Europe, and has an option for a 50% stake in the 700 MW Amfilochia pumped storage project. Its construction subsidiary, Terna, has a project backlog of €9 billion, ensuring income for over six years. Following a merger with Motor Oil, GEK Terna will become Greece's second largest electricity producer, contributing €5.9 billion to GDP.