EYDAP absorbed €39.2 million of investment in the first half of 2026, after €77.5 million in the whole of 2025. It did so with no loan obligations and Company cash of €279.572 million at 30 June 2026.
Where the money is planned to go
EYDAP's investment plan for 2026–2035 totals €2.5 billion, of which €965 million is for major projects in Eastern Attica and €803 million for water supply networks. These are planned allocations, not spending. Management also cites about €2.8 billion, including projects that complete after 2035.
How it is funded
Management's funding mix, reported in April 2026, is about 37% EU structural funds, 10% European Investment Bank and 53% own funds. A €250 million European Investment Bank facility was signed on 25 July 2025, with no drawdown reported. In 2025, 56% of absorbed investment was paid by the EU.
Revenue is set to 2029
The regulator approved allowed revenue of €389,899 thousand for 2026, rising to €415,655 thousand in 2029, at a WACC of 6.24%. Turnover rose 17.3% to €203.2 million in the first half of 2026. EYDAP's €323 million claim for past under-recovered amounts remains under review by the regulator (last reported April 2026).
Tenders on the way
The tender for about 2.1 million smart meters, at about €300 million, is targeted for H1 2027. On 5 November 2026 EYDAP posted a €1,661,380 tender for water network materials, due 7 December 2026.
Who decides EYDAP's spending, which suppliers already hold major work and what to monitor next are set out in the brief. The full report, EYDAP S.A.: Utility Account Brief, is available for USD 499. For a free overview, read the EYDAP S.A. Utility Snapshot.