IGI Poseidon S.A. is a 50-50% Joint Venture between DEPA International Projects S.A. and Edison S.p.A., incorporated under Greek law and based in Athens.
Exploring new opportunities for European energy supply
The Eastern Mediterranean represents a key quadrant for the diversification and stability of markets in the medium term, guaranteeing to European a direct and continuous access not only to one of the world’s largest basins of natural gas, but also – considering that Eastern Mediterranean area and the Middle East are the two main basins for the production of low carbon energy – to renewable sources and new vectors such as hydrogen. The available volumes, confirmed by local E&P players, will be sufficient for the development of new export infrastructures in addition to, and not in competition with, the existing ones.
Enhancing European energy security
Since its foundation in 2008, IGI Poseidon has been always committed to enhance European energy diversification and security of supply, by providing to Southeastern Europe market the access to new sources and routes, via the development of new efficient energy transmission lines. In this regard, the undertaken initiatives can foster the creation of a Mediterranean energy corridor able to replace the existing traditional routes controlled by a single supplier, enabling the implementation of an effective southeast energy hub in Europe, able to provide stable supply flows and to promote market integration.
Contributing to Energy transition
IGI Poseidon Projects have been designed to support the European energy transition to cleaner energy sources, enabling the transportation of significant quantities of green gases, as hydrogen, when it will be available on the market and supporting the reduction of greenhouse gases. In line with pursuing its commitment to the energy transition, IGI Poseidon, as a project promoter, became a member of the European Clean Hydrogen Alliance (ECHA).
Commited for a sustainable energy future
Our mission is built on four core values: innovation, trust, integrity, and responsibility. We prioritize creative problem-solving, transparency, honesty, and sustainability in all our endeavors. These values drive our success and set us apart as a company committed to make a positive impact on the community.
We strive to push the boundaries of what’s possible and embrace new and creative ways of thinking. Innovation is the engine that drives us forward and helps us stay ahead of the curve.
We prioritize transparency and open communication, and work tirelessly to earn and maintain the trust of our clients, partners and local communities. It is the foundation upon which all successful relationships are built.
We believe in doing what’s right, even when it’s hard, and we always strive to act with honesty and ethics in everything we do, holding ourselves to the highest standards of professionalism.
We understand that we have a duty to our clients, our employees, and the wider community. We strive to make a positive impact on the world around us through sustainable and ethical business practices.