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Building & Construction Living Professional Services Real Estate Services

New Standard Roofing Orlando: Building Roofs and Community Bonds

January 29, 2024 – Orlando, Florida – In the bustling city of Orlando, Florida, a roofing company is making waves not just for its exceptional roofing services but for its heartwarming community involvement. New Standard Roofing Orlando stands out as a beacon of corporate responsibility, deeply committed to giving back to the community that has supported its growth.

At the core of New Standard Roofing’s philosophy is the belief that a business’s role extends beyond providing services – it’s about building relationships and fostering community welfare. Their involvement in local projects and charitable initiatives speaks volumes of their dedication to the Orlando community.

One such initiative includes partnering with local charities to offer roofing services to families in need. Understanding the importance of a safe and secure home, New Standard Roofing steps in to provide essential roof repairs and installations, ensuring that every family in Orlando has a roof over their heads, regardless of their financial situation.

The company also engages in educational outreach programs. They work with local schools to educate the younger generation about the importance of sustainable and safe housing. These workshops not only inspire future generations but also instill a sense of responsibility towards community welfare.

Seasonal campaigns, like winter roof checks for the elderly and vulnerable, further demonstrate their commitment to Orlando’s residents. These campaigns are crucial in a city like Orlando, where weather can be unpredictable, ensuring that the most susceptible populations are protected from the elements.

Their blog, an informative resource, extends this community spirit. It offers valuable tips on maintaining roofs and educates readers on the latest in roofing technology. But more than that, it’s a platform where the company shares stories of their community work, inspiring others to join in their efforts.

In conclusion, New Standard Roofing Orlando isn’t just about providing top-notch roofing services. It’s a company with a heart, deeply entrenched in the Orlando community, continuously striving to make a difference. Their community involvement is a testament to their commitment to not just build roofs, but to build a stronger, safer, and more connected Orlando.

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Building & Construction Living Professional Services Real Estate Services

Celebrating Excellence: New Standard Roofing Orlando’s Array of Prestigious Awards

January 22, 2024 – Orlando, Florida – In the vibrant city of Orlando, Florida, New Standard Roofing stands tall as a beacon of roofing excellence, having garnered an impressive array of awards and recognitions. These accolades include prestigious certifications from renowned shingle manufacturers like ATLAS, IKO, Certainteed, and Tamko, as well as high esteem in customer satisfaction with a BBB A+ rating and five-star ratings on both Google and Meta Facebook.

These awards and certifications are not merely plaques on the wall but are symbols of New Standard Roofing‘s unwavering commitment to quality, reliability, and customer satisfaction. The criteria for these recognitions are stringent, focusing on aspects such as superior craftsmanship, exceptional material quality, innovative techniques, and outstanding customer service.

The ATLAS, IKO, CertainTeed, and Tamko certifications highlight New Standard Roofing’s proficiency in using high-quality shingles, ensuring that every roofing project they undertake is equipped with the best materials in the industry. This commitment to quality materials is crucial in Orlando’s unique climate, offering durability and longevity to homeowners.

The BBB A+ rating and the five-star ratings on Google and Meta Facebook are testaments to the company’s dedication to customer satisfaction. These ratings are based on customer feedback and demonstrate New Standard Roofing’s ability to consistently deliver excellent service, build trust, and maintain high standards of professionalism.

New Standard Roofing‘s expertise isn’t limited to residential roofing. They also excel in commercial roofing, offering customized solutions that meet the specific needs of each business. This versatility and adaptability are key factors in their widespread recognition.

In conclusion, New Standard Roofing Orlando’s array of awards and recognitions speaks volumes about their expertise and dedication to the roofing industry. For Orlando residents seeking a roofing company that combines quality, innovation, and customer satisfaction, New Standard Roofing is a clear choice.

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Building & Construction Living Professional Services Real Estate Services

Eco-Friendly Excellence: New Standard Roofing’s Green Approach in Orlando

January 15, 2024 – Orlando, Florida – In the sunny city of Orlando, Florida, New Standard Roofing is making a name for itself not just for its high-quality roofing services, but for its commitment to sustainability. Embracing eco-friendly practices, this company is at the forefront of the green roofing revolution, setting new standards in the industry.

New Standard Roofing Orlando takes pride in using recycled materials in their roofing projects. These materials not only reduce waste but also lower the carbon footprint associated with roofing. By choosing sustainable materials, they ensure that roofs are not only durable but also environmentally friendly.

Energy efficiency is another cornerstone of their practice. They specialize in designing roofs that contribute to lower energy consumption in homes. This is especially crucial in Orlando’s climate, where the sun can lead to increased cooling costs. Their roofs are designed to reflect sunlight, thereby reducing heat absorption and helping homeowners save on energy bills.

The company has been involved in several projects where its sustainable approach made a significant impact. One notable project involved the installation of a green roof on a local community center, which not only improved the building’s insulation but also provided a space for urban biodiversity.

Their blog is a treasure trove of information, offering insights into the latest trends in sustainable roofing. From tips on maintaining energy-efficient roofs to discussions on the benefits of recycled materials, the blog is a reflection of the company’s commitment to educating the public about sustainable roofing practices.

In conclusion, New Standard Roofing Orlando is more than just a roofing company. They are a team of environmentally conscious professionals dedicated to making a difference, one roof at a time. For those in Orlando looking for a roofing partner that values sustainability as much as quality, New Standard Roofing is the ideal choice.

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Building & Construction Living Professional Services Real Estate Services

Orlando’s Roofing Revolution: New Standard Roofing’s Cutting-Edge Approach

January 8, 2024 – Orlando, Florida – In the heart of Orlando, Florida, a revolution is taking place on rooftops. New Standard Roofing Orlando is leading this change, embracing cutting-edge technology to transform how roofs are built, repaired, and maintained. This isn’t just about shingles and nails; it’s a movement towards smarter, more resilient, and energy-efficient roofing solutions tailor-made for Orlando homes.

New Standard Roofing Orlando is at the forefront of adopting innovative roofing technologies. Their approach combines traditional craftsmanship with advanced materials and tools, setting a new benchmark in roofing services. They specialize in lifetime metal roofing, polymer-modified shingles, and stone-coated steel shingles, each chosen for its durability and suitability for Florida’s unique climate.

One standout feature is their use of polymer-modified shingles. These aren’t your average shingles; they’re engineered for maximum impact resistance and longevity, crucial in a region where weather can be unforgiving. New Standard Roofing’s commitment to quality doesn’t stop at materials. They employ advanced techniques and tools to ensure precision in every project, whether it’s a minor repair or a full roof installation.

The company’s expertise extends to a variety of roofing types, tailored to Orlando’s diverse architectural styles. From sleek, modern metal roofs that reflect the Florida sun, reducing cooling costs, to classic tile roofs that offer a timeless aesthetic with unmatched durability, they have solutions for every homeowner.

In addition to residential roofing, New Standard Roofing Orlando also caters to commercial clients, providing robust roofing systems for businesses of all sizes. They understand the unique demands of commercial roofing and offer customized solutions to meet these needs.

Their blog serves as a rich resource for homeowners and businesses alike, offering insights into roofing maintenance, new trends, and practical tips to get the most out of their roofs. It’s not just about selling services; it’s about educating and empowering their clients.

So, what sets New Standard Roofing apart in the bustling Orlando roofing market? It’s their holistic approach to roofing. They combine the best of technology, materials, and skilled workmanship to offer roofing solutions that are not just about shelter but about enhancing the overall quality and value of Orlando homes and businesses.

In conclusion, New Standard Roofing Orlando isn’t just another roofing company; it’s a trailblazer in the industry, constantly pushing the boundaries of what’s possible in roofing technology. For those in Orlando, Florida, looking for roofing services that blend tradition with innovation, New Standard Roofing is the go-to choice.

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Building & Construction Business Finance Financial Market News & Current Affairs

Pan-African World study on Foreign Direct Investment and Togo as a Prime Destination

London, United Kingdom–(Newsfile Corp. – November 07, 2023) – In our comprehensive study Togo will be a prominent nation by the year 2030, we delve into the critical role Foreign Direct Investments (FDIs) play, serving as a pivotal avenue for the infusion of private capital.

The Togolese government prioritises FDIs, aiming to fast-track investments in both infrastructure and social sectors. This aligns with the vision of Togo’s President, Faure Essozimna GNASSINGBE, to transform Togo into a nation where wealth is generated and equitably distributed, underpinned by a robust educational system and a dynamic economy.

The private sector, consequently, remains a cornerstone in the structural transformation of the Togolese economy, catalysing wealth and job creation that’s not only substantial but also inclusive. To this end, Togo has, for years, been instituting reforms to enhance its business environment and appeal to potential investors, laying the foundation for major infrastructural initiatives.

The 2021 inauguration of the Adétikopé Industrial Platform stands as a testament to this robust political commitment towards FDIs. This establishment offers an enticing opportunity for foreign investors aiming to penetrate the African continental market. Even today, this infrastructure is a pivotal job creation engine for the youth.

The concurrent launch of Togo’s inaugural data center, along with the construction of the Blitta solar plant and Kékéli Efficient Power in Baguida, underscores Togo’s earnest political endeavour to foster FDIs within its borders.

Regarding FDIs’ contribution to the Togolese economy, recent astounding figures were shared by the Permanent Secretariat for Monitoring Policy Reforms and Financial Programs. In the fourth quarter of 2022, FDIs into Togo were assessed to exceed 43 billion FCFA. This outcome stems from the Togolese government’s proactive investment strategies.

Such strategies, buoyed by policies that facilitate a conducive business environment, tax incentives, and infrastructural development, have endowed the nation with other dividends. By capitalising on FDIs, Togo has witnessed technological transfers. Moreover, these policies have fostered domestic market competition and employee training during the establishment of new enterprises, bolstering human capital development in Togo. Thus, the revenues accruing from FDIs contribute significantly to the country’s corporate tax collection.

This enables the Togolese government to fund extensive projects, fostering development in the sub-region and combating poverty. According to a report by UNCTAD published this year, Togo is experiencing one of the most vibrant economic growths in West Africa, largely attributed to significant bank investments.

Post the global economic slowdown due to the Covid-19 pandemic, Togo intensified its endeavours to seek optimal strategies for promoting FDIs. In March 2023, Lomé hosted a workshop on revitalising FDIs in Sub-Saharan Africa amid the health crisis. Numerous international investors converged in the Togolese capital, aiming to bolster investments across diverse sectors, driving development in the sub-region, and poverty alleviation.

It’s evident from our study that Togo is ardently working to amplify its potential, striving to be a linchpin for investment in the West African region and maintaining an annual growth that averaged 5.2% between 2012 and 2021.

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Building & Construction Business Hospitality Real Estate

Latin America’s Highly Anticipated Glamping Resort Unveiling This December: Passive Glamping Developments Ushers in a New Era of Luxury Glamping

In a pivotal moment of anticipation, Latin America’s eagerly awaited luxury glamping resort stands on the brink of a remarkable debut this December, a testament to the innovation of Passive Glamping Developments. 

The imminent unveiling of this extraordinary resort has ignited a wave of excitement within the hospitality industry, poised to redefine the essence of luxury travel and introduce an innovative avenue for investments.

As the countdown to December unfolds, the industry is buzzing with fervor, anticipating an event that promises to be nothing short of transformative.

This visionary resort goes beyond inviting guests to indulge in luxury; it introduces a concept that seamlessly melds lavish glamping accommodations with the untouched beauty of natural landscapes surrounding Puerto Vallarta. 

As the curtains rise, it is poised to capture the hearts and imagination of discerning travelers and astute investors alike.

Nestled just 40 minutes away from downtown Puerto Vallarta, the resort is strategically positioned near a tourist hotspot renowned for its year-round appeal. The proximity to this bustling town, coupled with its impressive year-round average occupancy rates of nearly 85%, positions the resort at the heart of an unmatched opportunity for both exquisite experiences and savvy investment.

Puerto Vallarta’s allure as a bustling tourist hub remains steadfast throughout the year. From its picturesque beaches to its vibrant nightlife, this enchanting town has long been celebrated as a haven for travelers seeking an unforgettable vacation.

The resort’s location ensures guests have easy access to the town’s diverse attractions, from exploring its charming cobblestone streets to enjoying a variety of water-based activities along its stunning coastline.

As Puerto Vallarta stands as one of Mexico’s most sought-after tourist destinations, the region’s thriving tourism industry fosters a thriving environment for potential investors. With year-round high occupancy rates, the resort’s strategic placement translates into a promising investment venture

Going beyond its role as an unparalleled vacation destination, Passive Glamping Developments emerges as a beacon of investment potential. The strategic prowess of the team has already proved its merit, evident through the resounding success of Phase 1 and 2 presale, which collectively raised a substantial $3 million to date.

With 177 exclusive units harmoniously blending luxury and pristine natural beauty, Passive Glamping Developments pledges not only unforgettable guest experiences but also exceptional investment returns for those who appreciate its pioneering ethos.

The approach to unveiling this resort signifies more than the debut of a luxurious glamping haven; it marks a critical juncture where luxury and investment come together in unprecedented ways. Fueled by an unwavering dedication to innovation and excellence, Passive Glamping Developments is positioned to reshape perceptions of both luxury glamping and investment, ushering in a new era of integrated experiences.

Passive Glamping Developments stands as the dynamic force propelling Latin America’s imminent glamping resort into the limelight. Infused with innovation and luxury, this visionary endeavor is set to redefine the glamping landscape while concurrently creating an exclusive opportunity for investment.

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Building & Construction Business Real Estate

Investor Enthusiasm Soars: Passive Glamping Developments Raises $3 Million in Glamping Presale!

In a groundbreaking move that is poised to reshape the landscape of luxury travel and investment, Passive Glamping Developments announces a remarkable milestone: the successful raising of $3 million in its presale phase. 

This achievement stands as a testament to the revolutionary vision and investor enthusiasm that underpin this Latin American glamping resort.

With the glamping industry experiencing a surge in demand for unique, experiential escapes, Passive Glamping’s innovative approach has garnered exceptional attention. 

The resort’s fusion of luxury accommodation and unspoiled natural beauty has attracted investors who recognize the potential for substantial returns in this dynamic market.

Passive Glamping Developments – the visionary team behind the resort – has taken the concept of luxury glamping to new heights. The resort’s first phase presale not only secured significant investor interest but also opened doors to Phase 2 presale, setting the stage for even more unparalleled investment opportunities.

“The response from investors has been nothing short of incredible,” says Connor Lewis, Partner at Passive Glamping Developments. “We’re not just creating a glamping resort; we’re pioneering a new way of experiencing luxury travel while redefining investment in this industry.”

With an expected opening in late December, this development stands highly anticipated in Latin America’s glamping sector.

Boasting a total of 177 exclusive units, the resort promises a transformative experience that merges lavish comfort with the untouched splendor of Puerto Vallarta’s natural surroundings.

This achievement comes as no surprise considering Passive Glamping Development’s strategic approach to investment. 

By leveraging their extensive network and strategic partnerships, the team has paved the way for an investment landscape that combines unprecedented luxury with potential financial gains.

As the world looks ahead to the unveiling this December, the resort’s presale success serves as an embodiment of the growing synergy between luxury, nature, and investment. 

With its revolutionary take on luxury glamping, this development is poised to set new benchmarks in both the travel and investment sectors.

For more information about Passive Glamping Developments and the unique opportunities it presents, please visit passiveglamping.com

About Passive Glamping Developments:

Passive Glamping is a visionary glamping and eco-resort development firm that redefines luxury travel and investment. Located in the outskirt of Puerto Vallarta, this highly anticipated resort is set to open its doors in December. 

With a focus on offering unparalleled experiences, Passive Glamping Developments merges lavish accommodation with the untouched beauty of nature.

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Building & Construction Business Energy & Environment Hospitality Stock Market News

Intrakat Group Emerges as Greece’s Second Largest Construction Powerhouse through Aktor Acquisition

Intrakat Group, an industry leader in Greece’s construction, infrastructure, renewable energy, real estate development, concessions/PPPs, and waste management sectors, has taken a major leap forward by acquiring Aktor. This strategic move has propelled Intrakat Group to solidify its position as the second largest construction company in Greece, with an impressive portfolio of projects exceeding €4 billion.

With a steadfast commitment to strategic growth and investment, Intrakat Group has already established a robust presence across its targeted sectors and has ambitious plans for further expansion in the years ahead. The Group’s recent acquisition of the Apanema Resort in Mykonos Town exemplifies its dedication to transforming properties into cutting-edge luxury boutique hotels. Additionally, since the beginning of 2022, Intrakat has successfully operated the prestigious “Xenodocheio Milos,” a 5-star hotel located in the heart of Athens.

Looking ahead, the Group is gearing up to participate in the bidding process for the new concession of the Attiki Odos, forming a 30% joint venture with BRISA, a prominent European company with extensive expertise in managing road networks and motorways.

Recognizing the importance of sustainable energy and the green transition, Intrakat Group is making strategic investments in Renewable Energy Sources (RES), which will be a key growth driver and investment priority. With an existing portfolio of RES projects boasting a capacity of 1.8 GW and electricity storage projects of 0.7 GW, the Group is poised to tap into Greece’s potential for offshore wind farms, collaborating with Parkwind, a company renowned for its experience in similar ventures.

Beyond renewable energy, Intrakat Group aims to bolster its presence in real estate and tourism infrastructure, focusing on the development of luxury hotels and residential units in coveted destinations such as Mykonos, Santorini, Paros, Syros, Athens, and Crete.

“We are thrilled to take this significant stride for Intrakat Group, solidifying our position as Greece’s second largest construction company. This acquisition will enable us to expand our capabilities and geographic reach while maintaining our commitment to delivering high-quality services to our clients,” stated Alexandros Exarchou, CEO of Intrakat Group.

The acquisition of Aktor marks a pivotal milestone in Intrakat Group’s growth strategy, with its unwavering focus on strategic investments and clear direction expected to drive stable financial flows and establish the Group as a market leader in Greece for years to come.

This announcement highlights Intrakat Group’s unwavering dedication to expanding its presence across sectors, while cementing its status as a major player in Greece’s construction and infrastructure markets. Catering to business investors and those seeking growth opportunities, Intrakat Group is poised to deliver on its commitment to strategic investments, clear direction, and exceptional service across various sectors, solidifying its position as a prominent force in Greece’s construction and infrastructure realms.

About Intrakat Group

Intrakat Group is a leading player in Greece’s construction, infrastructure, renewable energy, real estate development, concessions/PPPs, and waste management sectors. Guided by a clear strategic vision and investment orientation, the Group actively strives to expand its business footprint, boasting a formidable presence across targeted sectors. With a turnover of €225 million and €365 million in asset value, Intrakat Group is primed for growth, backed by a robust backlog of projects exceeding €4 billion. Intrakat Group remains committed to strategic investments, clear direction, and delivering top-notch services to clients across diverse sectors, solidifying its position as a key player in Greece’s construction and infrastructure markets.

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Building & Construction Lifestyle Living Real Estate World

Dubai’s Luxury Market Shows No Signs of Slowing Since its 2021 Surge; Expansion Expected to Continue this Year

Dubai’s luxury real estate market is poised to continue booming in 2023, with a deluge of international ultra-high-net-worth investors flocking to the city amid economic and geopolitical uncertainty elsewhere.

Gulf Business has shed light on the key factors providing an impetus to the substantial influx of private wealth for ultra-luxury properties in UAE over the last year.

The sale of prime real estate in Dubai increased 89% in October 2021 from the previous year—a speedy recovery from a steep slump prevailing from 2014 to 2020. Dubai’s real estate market climbed so fast that it caught many off guard.

Dubai Luxury Real Estate Market Booming

2023 is witnessing a sharp rise in the demand for properties in the city’s prime and super prime enclaves, such as Downtown Dubai, Dubai Marina, Palm Jumeirah, Jumeirah Bay, and Business Bay.

Luxury prime properties in Dubai have been transacted for a whopping 7235 dirhams per sq.ft. in the first quarter of the year—a jump of 16% from 6,250 dirhams per sq.ft. registered in 2022.

Driving Forces Behind Dubai’s Luxury Real Estate Market Boom

The global upheaval has seen a flight of capital from Commonwealth of Independent States (CIS) countries recently, and Dubai’s luxury property market has proven to be a prime benefactor due to its faster recovery from the pandemic crisis. 

The ultra-luxury hotels, exclusive penthouses, and villas with exquisite views are helping Dubai cement its iconic position in the luxury real estate market, thus making it the preference of wealthy buyers.

The hiking interest rates, soaring inflation, and deep recession looming over the West are unlikely to dent Dubai’s real estate market growth.

Again, UAE’s tax-free regime, pro-business policies, and easy mortgage plans are some key factors incentivising investors worldwide to snap up properties in Dubai.

However, mortgage transactions account for only a quarter of overall property deals in the city as most properties are bought by high-profile investors who are less bothered by mortgage rates. 

Off-plan payment structures which offer post-handover payment plans to investors, have made Dubai’s real estate top the customers’ list. Off-plan payment enables investors to rely less on borrowing, effortlessly adapt to foreign exchange fluctuations, and use strategies to retain their wealth.

The city’s excellent climate, safety, and unrivalled sun-sea-sand lifestyle have scintillated a terrific comeback leading to a meteoric rise in luxury property sales. Case in point: Dubai’s luxury real estate market has been ranked fourth globally, closing in on New York (NY), Los Angeles (LA), and London.

In 2022, this Middle Eastern real estate business hub racked up 219 property sales valued at USD 10M or more, compared to 93 in 2021—a jump of 135%.

By comparison, NY recorded 244 sales worth around $10M, LA 225 transactions, and London 223.

The fast development of townhouses and apartments with a brand name has long been considered a key factor in buoying Dubai’s property market. Around 48 branded projects in Dubai are poised to be delivered in the next few years. 

Again, with millionaires preferring contemporary design, interior design services in Dubai, such as Accouter, are getting a push. High-end interior design studios can turn exclusive spaces into exquisite residences while ensuring a superior living experience.

Wrapping Up

Despite soaring prices, Dubai’s luxury real estate market is set to see substantial growth this year with record-high sales. 

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Building & Construction Energy & Environment Finance Stock Market News World

Intrakat’s successful €100 million share capital increase

Intrakat’s vice-president and managing director talks to Vima about the next day for the group, following its successful €100 million share capital increase. He announces acquisitions, dynamic activities in renewable energy and does not neglect to mention large projects such as the concession of the Attica Road.

Mr. Exarchou also emphasizes the excellent relationship that exists among Intrakat’s main shareholders, noting that “it is the strongest card for the company’s course”.

Mr. Exarchou, you took the helm of Intrakat at a difficult time for the construction company. What was the (listed) company’s image when Winex went public?

  • “Intrakat has always been a company with significant growth potential and great know-how and experience in the construction industry. Our decision to invest was based on the company’s track record and the prospects we saw for it with the right strategy and support. Indeed, when we joined the company as a major shareholder, it was a period where Intrakat was falling short of its targets and its operating results had been compressed. Let’s not forget that the significant price increases in raw materials and energy, as well as, the cost of accelerating projects that had been delayed during the pandemic, affected the group’s results, as well as the industry in general. As a new shareholder and new management, we made a quick decision and swiftly implemented a comprehensive operational and management restructuring plan, which unlocked the value that the company had inside and gave it the breath, support and strategic direction it needed, in order to advance dynamically”.

The increase of 100 million euros in the share capital was successfully completed, since it was approved by the General Assembly of Shareholders. Where will the raised funds be allocated?

  • “We are particularly satisfied with the successful increase of the share capital by 100 million euros and for the trust and support of our shareholders. We carried out one of the largest IPOs that have been done in recent years and not only in this particular industry, and I warmly thank -once again- all the shareholders who participated in our development plan. We are building a new Intrakat, which is extroverted in its investments and competitive in modern terms in all areas of its activity. We want to build a strong foundation at Intrakat, and that’s what we’re doing now, relying on our own engineers (we’re already hiring), our own machinery and know-how, and less on subcontractors, which are certainly important, but they have to play a supporting role. The relationship among the shareholders is an essential component of the company’s progress and it is certainly one of Intrakat’s strengths – the excellent relations between the main shareholders. As the new main shareholder and new management, we have envisioned Intrakat as a leading group in SE Europe and this is the strategic goal that we support and serve. Now, following the share capital increase, the company has more than 140 million in equity and proportionately very little debt, which allows it to access financing, should it be required, in order to participate in large infrastructure development projects. Very soon you will hear from us on the acquisition front, as we evaluate investment opportunities in construction – infrastructure, in RES, in PPPs and concessions, but also in the sectors of waste management and real estate, which we have entered dynamically. Of the 100 million euros of the increase, we estimate that 50 million will be invested in acquisitions, while the rest will be used as working capital.”

One of the sectors which Intrakat attaches special importance to, is the ‘Renewable Energy Sources’ sector. You have announced the preparation of a bond issue of 120 million euros. How is this process going?

  • “RES already play an important role in energy self-sufficiency, as well as in sustainable development. We see this as an area where Intrakat can grow strategically and create a strong footprint with stable cash flows, both in clean energy generation and storage, and is -therefore- our investment priority. We already have a portfolio of 1.8GW (1,000MW wind farms and 800MW solar) and 0.7GW electricity storage projects, which we expect to generate positive cash flows by 2023. As far as the bond issue is concerned, we are at an advanced stage of negotiations with the cooperating banks, our goal is to proceed with a dynamic investment plan until 2024 and we believe that it will have the appropriate financing”.

In our country, the procedures for the development of offshore wind farms are also opening. Your company, along with the Belgian Parkwind has announced its participation in the upcoming tenders. How many Megawatts will you claim?

  • “Offshore wind farms are a great opportunity for Greece to increase its production of ‘green’ energy and we are glad that the state has worked in this direction by facilitating the procedures for their development. It is possible to achieve the national target of producing at least 2 GW of offshore wind power by 2030 and Intrakat’s goal is to claim a leadership position in this sector. Our strategic partner Parkwind has extensive experience in similar projects and will soon have a capacity of more than 1 GW. Accordingly, Intrakat has significant expertise in local infrastructure and we already have 1,000 MW of capacity from wind farm projects.”

Participation in the Attica Road competition is one of Intrakat’s biggest bets. How is the process going when it comes to preparing investors for the final phase of the competition?

  • “As you know, we are participating in the tender as part of a 30% joint venture with Portugal’s BRISA, a European giant with vast experience in managing road networks and motorways. In fact, BRISA’s strength and expertise is mainly in the modernization of highways based on digital technology, which is of utmost importance for the future of highways in our country. Given that the deadline for submission of offers is set for May 29, we are in the final stages of preparation.”

And one last question…

A large ‘pie’ of construction projects is opening up in Greece. What size could Intrakat claim?

“Major construction projects and infrastructure are a priority for us, as we believe that there is no development without modern infrastructure, roads, trains, ports, airports. Our goal is to claim even more projects that will improve public infrastructure and the daily life of citizens, but also the image of Greece as an attractive investment destination. We are planning our participation in projects that will be announced in the period 2023-2024 and will concern our areas of interest. Projects that we can execute well and within the predetermined timeframes and which will contribute to strengthening our position in the sector”.