GEK TERNA: AI-powered highways and the case for Attica's stalled road projects. GEK TERNA's Petros Souretis calls for AI-driven highway safety and urgent action on Attica's long-delayed road infrastructure projects. 57 minutes ago The use of Artificial Intelligence to enhance highway safety, the urgent need for systematic infrastructure maintenance, and the ongoing delays in critical road projects across Attica were the central themes of a keynote intervention by Petros Souretis, Executive Advisor at GEK TERNA, at the "Green Deal Greece 2026" conference. Speaking with journalist Fotis Kollias at the event - organized by the Technical Chamber of Greece and economix.gr, and now in its sixth consecutive year at the Stavros Niarchos Foundation Cultural Centre - Souretis stressed that the development of new infrastructure projects must go hand in hand with meaningful care for existing ones. He also called for decisive political action on the extension of Kymis Avenue and planned interventions on the Kifissos highway, warning that traffic congestion across the capital could significantly worsen over the next decade. GEK TERNA: Artificial Intelligence for safer roads. Petros Souretis placed particular emphasis on the transformative potential of modern technologies in highway monitoring and the early detection of dangerous incidents. He explained that Nea Odos - a flagship motorway stretching 400 kilometres - is continuously monitored through AI-powered systems that analyse real-time data from vehicle behaviour on the road. "For example, Nea Odos, a model 400-kilometre highway, is permanently monitored through artificial intelligence systems. These systems enable faster incident detection by evaluating data points such as vehicle lights and braking patterns," he stated. Similar technology is set to be deployed on Attiki Odos as well. According to Souretis, modern digital tools can deliver savings of up to 20%, while GEK TERNA is actively developing a digital infrastructure monitoring framework that tracks projects from the design phase all the way through to full operation. The GEK TERNA Executive Advisor highlighted that highway maintenance has not received the level of attention it requires. Citing the example of Egnatia Odos, he explained that the fragmentation of maintenance work into smaller contracts, combined with inadequate funding, has led to a dangerous backlog of accumulated needs. "When infrastructure is not properly maintained, the need for major interventions grows exponentially," he warned. He further underlined that projects must be designed with resilience against extreme weather events in mind, with technology playing a key role in predicting structural failures and preventing accidents before they occur. Kifissos and Kymis Avenue: the projects that need decisions. Turning to Attica's pressing transport challenges, Petros Souretis called for the immediate advancement of the Kymis Avenue extension, describing it as a project that already has secured funding and a contractor in place. He also noted that a model proposal for decongesting the Kifissos corridor has remained without any progress for three years, despite offering a financing solution that would place no additional burden on public resources. Addressing the broader construction market, Souretis presented a backlog of €17 billion across the four major construction groups, with annual output standing at €15 billion and available resources reaching €30 billion - identifying the shortage of skilled personnel as the sector's primary challenge. As for GEK TERNA specifically, he reported an EBITDA of €630 million for the previous year, with 70% derived from concessions, and liquidity of €2 billion.

GEK TERNA attracts €5.3B investment demand: what's next. GEK TERNA attracted €5.3B in investment demand through two major financing deals, raising €1.16B to fuel ambitious infrastructure growth plans. 40 minutes ago The total investment demand attracted by GEK TERNA over the past four months has reached €5.3 billion. The group achieved this result through two successive financing transactions that have strengthened its presence in international capital markets, creating additional capacity to fund new investments in the infrastructure sector. GEK TERNA: International investors account for 95% of demand. The first transaction involved a capital increase of €659 million, completed in July, which attracted bids of approximately €3 billion. Notably, more than 95% of that demand came from international investors, reflecting the strong interest of foreign capital in the Greek group. This was followed by a bond issuance worth €500 million, for which bids totalling €2.3 billion were submitted - representing an oversubscription rate of 4.6 times. Both transactions carry particular significance, as they target different categories of investors from the equity and bond markets respectively, and were completed during a period of heightened geopolitical uncertainty and volatility in global markets. In total, GEK TERNA raised €1.159 billion through the two transactions, with demand substantially exceeding the available amounts. GEK TERNA: €2.2B liquidity and limited near-term debt maturities. The strengthening of the group's capital base is accompanied by a robust financial position. GEK TERNA's available liquidity, factoring in the capital increase, stands at approximately €2.2 billion, while the recent €500 million bond issuance further bolsters its financial resources. At the same time, the group faces no significant near-term debt maturities at the parent company level, with the next major obligation - amounting to €300 million - not due until December 2028. This financial structure provides greater flexibility in managing funding needs and reduces refinancing pressures in an environment of elevated interest rates and ongoing uncertainty. An additional milestone is the group's achievement of investment-grade ratings from both S&P and Moody's - a development that broadens access to a wider institutional investor base and enhances GEK TERNA's credibility in international markets. New infrastructure investments take center stage. GEK TERNA's strengthened financial position creates additional capacity to execute its existing investment program while also pursuing new infrastructure projects. A key competitive advantage is the group's extensive portfolio of long-term concessions, which provides predictability in future cash flows and operational profitability. With strong liquidity, access to international capital markets, and limited short-term financial obligations, the group is well-positioned to finance new investment plans and compete for large-scale infrastructure contracts.