EDA THESS was honored with the Award for “Sustainable Development of Natural Gas Distribution Networks” during the Green Awards Ceremony held in the framework of the Thessaloniki Metropolitan Summit hosted by The Economist.
The Annual Ordinary General Assembly of EDA THESS shareholders was concluded, approving the total management of the Company, the financial statements as well as the distribution of 19.5 mln € profits to the shareholders for Fiscal Year 2020. During the meeting, the General Assembly resolved on the election of the new Members of the Board of Directors.
A meeting was held between the President of the Union of Greek Municipalities, Mr. Dimitris Papastergiou and the General Manager of EDA THESS, Mr. Leonidas Bakouras, during which issues related to the energy upgrade of buildings and the improvement of the environment with the further penetration of natural gas were discussed.
An honorary award was conferred by the HAF Squadron Commander, Lieutenant Colonel Mr. Georgios Tzikas to the General Manager of EDA THESS Mr. Leonidas Bakouras, in recognition of the substantial and effective work of the Company with regard to the completion of the connection of the Air Force (HAF) Headquarters to the natural gas distribution network.
The General Manager of the company, Leonidas Bakouras, talks to energypress about the ways through which EDA THESS managed to achieve a penetration rate of 64% in its Licensed Areas.
EDA THESS’ development strategy relies on investments in advanced infrastructure and natural gas technologies that render distribution networks crucial for decarbonization.
The contract for the disbursement of the funding of the program “Replacement of oil heating systems with natural gas systems in houses of Thessaly Region with a budget of 6,12 million euros”, was signed between the Minister of Environment & Energy, Mr. Konstantinos Skrekas, and the General Manager of EDA THESS, Mr. Leonidas Bakouras.
The fruitful cooperation between the National Transmission System Operator and the Distribution Company was the main topic raised in the meeting held at the Company’s premises between the CEO of DESFA, Mrs Maria Rita Galli and the General Manager of EDA THESS, Mr. Leonidas Bakouras.
EDA THESS recognizes as key components of its business identity, the optimization of its operations to provide a high level of services, the assurance of the operational independence in the full range of its activities and the enhancement of the cooperation with stakeholders.
According to the approved Development Program 2021 - 2025 of EDA THESS, investments of € 10 million for the next five years are foreseen in the Municipality of Volos that concern construction works for the expansion and reinforcement of the gas distribution network and the connection of new consumers.
With an increase in new connections and distributed volumes, investments which reach 6.5 million euros and net profit (EAT) to 14.1 million euros, the first quarter of the year for EDA THESS.
