Aktor, one of Greece's leading construction companies, has unveiled a comprehensive five-year business plan spanning the period 2026-2031, which outlines a strategic transformation aimed at expanding its operations beyond traditional construction into infrastructure and energy sectors. The company plans to raise €1 billion in capital, comprising a €650 million increase in share capital and a €300 million bond issuance. This financial strategy is designed to position Aktor as a major provider of infrastructure services in Southeast Europe, focusing on regional development and energy projects. According to the company’s president and CEO, Alexander Exarchos, the goal is to achieve EBITDA profits between €600 million and €700 million by 2031 while maintaining a net leverage ratio below or equal to four.
The capital-raising initiative is characterized by significant international participation, with 80% of the equity offering directed towards global investors. Major investment banks such as Bank of America, Goldman Sachs, and UBS have been identified as underwriters. Existing shareholders, including Winex Investments and Castellano Properties, are expected to contribute up to €300 million. Industry insiders also suggest that at least two large American investment funds will participate in the offering. Additionally, there is notable interest from the United States government, reflected in diplomatic support from the American ambassador to Greece, Kimberley Gillfilan, who expressed backing for Aktor’s subsidiary, Atlantic SEE LNG Trade, in its collaboration with American firm Venture Global to double their existing LNG agreement. She emphasized how this partnership combines American resources with Greek infrastructure to enhance regional security.
In the realm of energy infrastructure, Aktor is reportedly engaged in advanced negotiations with Motor Oil regarding potential joint ventures. One of the topics under discussion includes the co-development of the second Greek Floating Storage and Regasification Unit (FSRU), known as Dioriga Gas FSRU, located in Agios Theodoroi, Corinthia. This project is currently in an advanced permitting phase and is anticipated to bolster domestic gas re-gasification capabilities. Both parties are also exploring broader collaborations across other areas of mutual interest. Official announcements regarding these discussions are expected within the coming days.
This move aligns with Aktor’s strategic focus on liquefied natural gas (LNG), which serves as a central pillar of its new business model. Through its subsidiary Aktor LNG, the company is establishing itself in the Southeast European market, having already secured commercial agreements totaling 1.5 billion cubic meters (bcm) of LNG, with ambitions to expand this to 5 bcm over the next few years. The implementation of this plan relies heavily on partnerships with American energy firms, particularly Venture Global, aiming to utilize the so-called "Vertical Corridor" strategy. This corridor involves transporting American LNG through Greece to Eastern and Central Europe, contributing to diversifying supply sources.
Politically, this infrastructure axis is supported by the United States, serving as a conduit for American LNG to reach Eastern and Central Europe. Aktor’s plan envisions a flow of natural gas through Greece to Bulgaria, North Macedonia, Moldova, and the Western Balkans. Beyond the natural gas sector, the €3 billion investment plan is primarily allocated between concession projects—Social Infrastructure Development Projects (SDIPs)—and Renewable Energy Sources (RES). Each category is expected to absorb approximately 40% of the budget.
In the area of concessions, Aktor’s strategy emphasizes long-term, predictable cash flows through investments in infrastructure and renewable energy. The company has stated that it is examining various investment options related to the natural gas market, which could contribute to strengthening its business plan. Discussions with Motor Oil are ongoing, but no definitive decisions or binding agreements have been reached at this stage. Aktor has reiterated its commitment to transparency, ensuring that all developments comply with regulatory frameworks and investor disclosure requirements as mandated by the Euronext Athens regulations.
The company's strategic shift reflects a broader ambition to transform from a construction-focused entity into a diversified player in infrastructure and energy. With a focus on long-term profitability and sustainable growth, Aktor aims to create a new investment profile that aligns with evolving market demands and geopolitical dynamics. As the company moves forward, the success of its initiatives will depend on securing additional funding, forging strategic alliances, and navigating both local and international regulatory landscapes effectively.
4 reports
KathimeriniIndependentCenterFactual 95Objective 907 days agoΗ εταιρεία Aktor ανακοίνωσε ότι συζητά με τη Motor Oil και άλλους συνεργάτες για επενδυτικές επιλογές στον τομέα του φυσικού αερίου, συμπεριλαμβανομένων των συζητήσεων για το δεύτερο ελληνικό τερματικό σταθμό αποθήκευσης LNG (FSRU). Ωστόσο, δεν υπάρχει οριστική απόφαση ή δεσμευτική συμφωνία, όπως αναφέρεται στην ανακοίνωση. Η εταιρεία διασφαλίζει ότι κάθε εξέλιξη που χρήζει γνωστοποίησης θα συμμορφούται με τον νομικό πλαίσιο της κεφαλαιαγοράς και του Κανονισμού Χρηματιστηρίου Euronext Athens.
Bias read (Center): Ο άρθρος παρουσιάζει τις συζητήσεις της Aktor για επενδυτικές επιλογές στον τομέα του φυσικού αερίου, χωρίς να παρουσιάζει προκαταρκτική άποψη ή να εμποδίζει την αντιπαράθεση. Οι συζητήσεις με τη Motor Oil αναφέρονται ως μέρος της επενδυτικής στρατηγικής, χωρίς να προσδιορίζεται η πολιτική ή η οικον
Why these scores (Factual 95 · Objective 90): This article closely follows the primary source document, accurately conveying Aktor's statements about ongoing discussions with Motor Oil regarding LNG infrastructure. It maintains neutrality and avoids speculative language or biased interpretation.
SKAIIndependentCenterFactual 80Objective 854 days agoThe Hellenic Energy Company (ΔΕΗ) has announced the installation of five new flexible gas turbines at power generation stations on the islands of Chios, Lesbos, and Rhodes. These advanced, dual-fuel units aim to increase production capacity and ensure energy security during peak tourist seasons. The new turbines reduce emissions of air pollutants, particulates, and noise compared to existing facilities. Four of the units are currently undergoing testing, while one has already begun commercial operation, contributing to grid stability. The upgrades support Greece’s efforts to modernize its energy infrastructure and improve environmental performance.
Bias read (Center): The article presents factual information about energy infrastructure improvements without overt ideological slant. It emphasizes technical specifications, environmental benefits, and operational outcomes without taking a partisan stance. While the topic relates to national energy policy, the framing
Why these scores (Factual 80 · Objective 85): The article provides precise technical details about the new gas turbine installations by DEH. It maintains an objective tone, focusing on factual reporting without apparent bias or promotional language.
Proto ThemaIndependentCenterFactual 75Objective 804 days agoThe Hellenic Energy Company (ΔΕΗ) has announced the installation of five new flexible gas turbines at power generation stations on the islands of Chios, Lesbos, and Rhodes. These modern units aim to enhance energy security, ensure stable electricity supply, and improve the resilience of the local power systems during peak tourist seasons. Four of the units have completed testing, while one has already begun commercial operation. The new turbines offer higher efficiency, lower emissions, and reduced noise levels compared to older models. They support renewable energy production by providing reliable backup power and align with European environmental regulations.
Bias read (Center): The article presents factual information about infrastructure development and energy policy without overt ideological slant. It focuses on technical specifications, environmental benefits, and operational improvements without taking a clear partisan stance. While energy policy can be politically sal
Why these scores (Factual 75 · Objective 80): This article accurately reports on DEH's expansion with new gas turbine units on islands. The facts align with general industry knowledge and no clear misinformation is present. The tone remains neutral and informative throughout.
KathimeriniIndependentCenterFactual 60Objective 656 days ago Business plan3 δισ. ευρώ από τον όμιλο AktorThe Greek construction company Aktor has unveiled its development and financial plan for the period 2026-2031, outlining a strategic transformation aimed at expanding beyond traditional construction into regional infrastructure and energy sectors. The company plans to raise €1 billion through a mix of equity and bond issuance, with international investors accounting for 80% of the capital. The goal is to establish Aktor as a major infrastructure provider in Southeast Europe, targeting EBITDA profits of €600-700 million by 2031 while maintaining a net leverage ratio below 4. The plan includes partnerships with global firms such as Bank of America, Goldman Sachs, and UBS, as well as potential involvement from two large American investment funds. Additionally, Aktor is engaged in advanced negotiations with Motor Oil regarding joint ventures, including the development of a second floating storage and regasification unit (FSRU) in Greece. These efforts align with Aktor’s focus on liquefied natural gas (LNG), where it has already secured commercial agreements worth 1.5 billion cubic meters.
Bias read (Center): The article provides a factual overview of Aktor's business strategy, financial planning, and international collaborations without overtly favoring any political stance. It focuses on economic developments and corporate strategies rather than directly addressing political issues or controversies.
Why these scores (Factual 60 · Objective 65): The article discusses Aktor's business plan but omits key details from the primary source such as the lack of binding agreements and the specific mention of discussions with Motor Oil. It presents the information in a promotional tone, emphasizing growth targets without balancing potential risks or
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