- CEO
- Andreas N. Shiamishis
- Full Time Employees
- 3,734
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- 8A Chimarras Street Marousi Greece 151 25
- IPO Date
- Jul 20, 2021
- Business
- HELLENiQ ENERGY Holdings S.A. (ATHEX: ELPE; LSE: HLPD) ranks among Southeast Europe's leading integrated energy groups, focusing on refining, petrochemicals, fuels marketing, power generation, and renewable energy sources; it operates three refineries in Greece with a combined capacity of 342,000 barrels per day, producing gasoline, diesel, jet fuel, and other refined products; markets ground fuels through over 1,500 service stations in Greece and more than 300 in Cyprus, Serbia, Bulgaria, Montenegro, and North Macedonia; supplies LPG, industrial, aviation, and marine fuels as well as lubricants; leads Greece's petrochemical sector as the sole producer, specializing in the propylene-polypropylene value chain with over 50% domestic market share and more than 60% of sales from exports; engages in hydrocarbon exploration across six Greek offshore areas; and generates power via two combined-cycle gas turbine plants totaling 852 MW. The company maintains a 60% share of Greece's wholesale oil products market and reported 2024 net sales of €12.8 billion with adjusted EBITDA of €1.026 billion. Established in 1998 and headquartered at 8A Chimarras Street, Marousi, Athens, Greece, it employs about 3,800 people and operates across eight countries with major shareholders including Paneuropean Oil and Industrial Holdings S.A. (40.41%) and Hellenic Corporation of Assets and Participations (31.18%). In recent strategic moves, HELLENiQ ENERGY completed its acquisition of the remaining 50% stake in ELPEDISON B.V. in July 2025 for €164 million plus €19 million in additional cash considerations, becoming the sole owner of this key power and gas entity with 820 MW capacity and 2024 revenues of €1.3 billion; acquired ABO Energy Hellas and six affiliates in June 2025 via subsidiary HELLENiQ Renewables, expanding its renewables portfolio to over 6 GW under development from a prior 5.2 GW base while operating 494 MW; and targets 1 GW operational renewables capacity by 2026 and 2 GW by 2030 as part of its energy transition to low-carbon solutions and net-zero emissions by 2050.