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AIOLIKI RACHOULAS DERVENOCHORION S.A.

Greek renewable-energy company founded in 2009 and part of the Terna Energy group, producing electricity from renewable sources.

Last updated September 28, 2026

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Overview

AIOLIKI RACHOULAS DERVENOCHORION S.A. (Greek: ΑΙΟΛΙΚΗ ΡΑΧΟΥΛΑΣ ΔΕΡΒΕΝΟΧΩΡΙΩΝ Α.Ε.) is a Greek company active in the production of electricity from renewable energy sources. According to its official website, the company was founded in 2009 and belongs to the group of companies of Terna Energy, one of Greece's leading renewable-energy groups. Its name combines the Greek word for wind (Αιολική) with the place names Rachoula and Dervenchoria, indicating that the company was established as a special-purpose vehicle for a wind-energy project in that area. The company operates as a project company within the Terna Energy group. Its stated activity is the generation of electrical energy from renewable sources, which in the Greek context typically means wind parks and related renewable installations. The corporate website provides sections on the company profile, history, code of ethics and conduct, financial data, news and announcements, and contact information, reflecting the standard disclosure structure of a Greek renewable-energy special-purpose company. Because AIOLIKI RACHOULAS DERVENOCHORION is a subsidiary within a larger group, its strategic direction, financing and operational management are closely tied to Terna Energy. The company does not appear to be separately listed on a stock exchange; it is a group subsidiary rather than an independent public company. Its public presence is limited to its corporate website and basic corporate registry and Wikidata records. As a renewable-energy producer in Greece, the company participates in the country's transition toward cleaner electricity generation. Greece has expanded its wind and solar capacity significantly, and project companies such as this one are the legal and financial vehicles through which individual wind parks are developed, owned and operated. The company's exact installed capacity, number of turbines and specific project locations are not disclosed in the available evidence and should be verified through Terna Energy's disclosures or Greek regulatory filings.

History

AIOLIKI RACHOULAS DERVENOCHORION S.A. was founded in 2009, according to the company's official website. It was established as a company belonging to the group of companies of Terna Energy, a major Greek renewable-energy group. The company's name references the Greek word for wind (Αιολική) and the place names Rachoula and Dervenchoria, indicating that it was created as a special-purpose vehicle for a wind-energy project in that area of Greece. The company's stated purpose is the production of electrical energy from renewable energy sources. In the Greek renewable-energy sector, such project companies are typically set up to develop, finance, own and operate individual wind parks or other renewable installations. They hold the relevant production licences and grid-connection agreements, and sell the electricity generated under the Greek support schemes for renewables. As part of the Terna Energy group, the company benefits from the group's development, engineering, financing and operational capabilities. Terna Energy is one of Greece's largest renewable-energy groups, with activities in wind, solar, hydro and other clean-energy technologies, and has expanded internationally. AIOLIKI RACHOULAS DERVENOCHORION represents one of the group's project-level entities in the Greek market. The company's website includes a history page, but as of the available evidence that page is marked as under construction, so detailed historical milestones beyond the 2009 founding and group affiliation are not publicly documented on the site. The company remains active in renewable electricity production as a subsidiary of Terna Energy.

  • 2009

    Company founded.

  • Company belongs to the group of companies of Terna Energy.

Products and positioning

A project company within the Terna Energy group dedicated to renewable electricity production in Greece.

  • Electricity from renewable energy sources

    Production of electrical energy from renewable sources.

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