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flag Two major Greek companies merge to form a significant energy player with a 17% market share.

flag Two major Greek companies, Motor Oil and GEK Terna, have merged their energy businesses to form a significant player in Greece's energy sector, with a 17% market share and serving nearly 500,000 electricity customers. flag The new entity will control assets like the 877 MW plant in Komotini and a stake in the Korinthos Power plant. flag The merger aims to create a vertically integrated firm that can compete with Greece's top providers and benefit from the country’s growing demand for electricity and renewable energy. flag The deal is expected to close in early 2026, pending approvals.

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