#LARISSA
Larissa Thermoelectric Appoints New Board, Relocates Headquarters, and Tightens Shareholding Rules
Greek energy company Larissa Thermoelectric has completed a sweeping overhaul—relocating its headquarters to Athens, reshaping its board under the leadership of DEPA Commercial’s CEO, and tightening shareholder control rules—as it positions its high-efficiency gas plant as a key stabilizer in Europe’s increasingly renewables-driven energy grid.
Larissa Gas Plant Project Secures Capital Increase, But Critics Question Need for New Fossil Fuel Investment
Clavenia Ltd invested €19.4 million in Larissa Thermoelectric S.A. to build a 792 MW gas plant. The capital increased to €19.51 million. Partners include DEPA Commercial, EUSIF Larissa, and Volton. Greece’s energy supply is stable, raising questions about the project’s necessity.