Protergia is the biggest

private company A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...

for the production and supply of electricity and natural gas in

Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with ...

. It is a subsidiary and is 100% owned by the Mytilineos Group.

History

In July 2010, the Mytilineos Group agreed with

Enel Enel S.p.A. is an Italian Multinational corporation, multinational manufacturer and distributor of electricity and gas. Enel, which originally stood for Ente nazionale per l'energia elettrica (National Electricity Board), was first established ...

to acquire 50.01% of

Endesa Endesa, S.A. (, originally an initialism for ''Empresa Nacional de Electricidad, S.A''.) is a Spanish multinational electric utility company, the largest in the country. The firm, a majority-owned subsidiary of the Italian utility company Enel, ...

Hellas, which then belonged to Endesa SA. The Mytilineos Group thus becomes the sole shareholder of Endesa Hellas which will soon be called Protergia. Until the end of 2013, Protergia was exclusively an energy producer, while in January 2014 it started to be active in the supply of electricity and in January 2018 in the supply of natural gas.{{Cite web, title=Ιστορική Διαδρομή, url=https://www.protergia.gr/el/istorikh-diadromh-etaireias, website=www.protergia.gr, date=18 March 2016, language=el, accessdate=2021-11-18

References

Electric power companies of Greece Companies based in Athens Greek companies established in 2014