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. Greek energy company Larissa Thermoelectric has undergone a major restructuring, appointing a new board of directors and relocating its headquarters from central Greece to Neo Iraklio in northern Athens, where several subsidiaries of DEPA Commercial are based. These moves are part of a broader reorganization that includes changes to the company's governing statutes and the implementation of strict new rules governing the transfer of shares among its shareholders. The company's ownership is currently divided among four major stakeholders: Clavenia Ltd holds the largest stake at 38.5%, followed...
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