Bitesize briefing – ADMIE Holding

Bitesize briefing – ADMIE Holding

Dario Carradori, industrials analyst, discusses the investment case for ADMIE Holding, a holding company that owns a 51% stake in IPTO, a Greek regulated utility. IPTO owns, manages and operates the Greek electricity transmission grid and has significant growth opportunities from investments in new transmission lines. IPTO’s underleveraged balance sheet sustains a c €4bn investment plan, which we estimate will result in a regulated asset base (RAB) CAGR of 11% in 2018–27.


You may also be interested in these:

TMT

Checkit – executive interview

Investment Companies

International Public Partnerships - executive interview

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free