The Independent Power Transmission Operator (IPTO) maintained its investments above 500 million euros for a third consecutive year.
According to its 2025 annual financial statements, the Group’s capital expenditure (CAPEX) reached 633 million, primarily driven by the Crete–Attica interconnection—operational since last year—and the Southern Cyclades interconnections.
EBITDA stood at 304 million in 2025, while adjusted EBITDA reached 307.6 million. Operating expenses increased by 6.3% to 152 million euros, compared to 143 million in 2024.
Net profit for the year amounted to 130.1 million euros, with adjusted net profit at 132.4 million euros. Total revenues for 2025 came in at 456.6 million, marking a slight decline compared to 2024. Revenues from the balancing market totaled 18.9 million, up by 0.4 million year-on-year.
Following the inclusion of the Crete–Attica interconnection project in the Regulated Asset Base in November 2025, Group depreciation increased to 124.3 million euros, up by 7.8 million compared to 2024.
The company’s Board of Directors has proposed to the Annual General Meeting the distribution of a dividend of 62.9 million euros from net profits.
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