George Vagionakis

Industrial Energy & Value Creation leader with 15+ years across energy-intensive manufacturing, telecom infrastructure and renewables. Proven ability to convert energy cost and energy market complexity, CAPEX decisions, hydrogen applications, ESG requirements and industrial constraints into measurable P&L value. Currently leading energy strategy and strategic initiatives across KAPACHIM's industrial footprint in Greece, Hungary, Algeria and Morocco, covering PPAs/VBLs, GOOs/iRECs, renewable energy and storage, hydrogen applications, water and waste optimization, state aid and decarbonization business cases.

ENERGY STRATEGY DIRECTOR - KAPACHIM S.A.

(2026-05)

• Lead energy strategy and strategic value creation initiatives across KAPACHIM's industrial footprint in Greece, Hungary, Algeria and Morocco.
• Lead energy strategy for Greece, covering an approx. €4m annual industrial energy cost base and targeting approx. €530k in annual energy savings from VBL, PPA retention and supplier pricing-model optimization.
• Drive power procurement, PPAs/VBLs, GOOs/I-RECs, renewable energy and storage, hydrogen use, steam utilization, water/waste optimization and state aid/funding opportunities.
• Build board-level business cases linking OPEX reduction, CAPEX prioritization, ESG requirements and industrial reliability, reporting directly to the General Manager and supporting owners/BoD-level decisions.

TECHNICAL DIRECTOR - KAPACHIM S.A.

(2024-02 - 2026-04)

Led technical and energy-related transformation in an energy-intensive chemical manufacturing environment, combining industrial CAPEX execution, energy cost optimization, hydrogen applications and operational improvement.

• ESG Excellence & Bankability: Strengthened audit readiness, supplier governance and operational traceability, playing a key operational role in achieving EcoVadis Platinum certification (Top 1% globally) and supporting the bankability of corporate projects.
• Strategic Business Transformation: Designed and led a more structured technical governance model, managing a Technical Department of 18 professionals and improving accountability, reporting discipline and cross-functional execution.
• Asset Expansion & Strategy: Steered multi-million industrial CAPEX initiatives, including major expansion projects in Greece and Algeria, ensuring technical feasibility, futureproofing and alignment with long-term industrial growth.
• Energy Strategy & Power Infrastructure: Secured long-term energy cost stability through PPA/VBL structures and supplier strategy, generating €350k+/year in energy-related OPEX savings, while leading energy strategy across HV/MV industrial infrastructure.
• Operational Excellence: Identified and implemented targeted technical and operational modifications, delivering €100k+/year in direct operational savings and improving production cost efficiency.
• Reported directly to the General Manager and prepared business cases for owner/BoD-level decisions

ENERGY MANAGER - OTE ESTATE / OTE GROUP

(2015-08 - 2024-01)

• P&L Impact: Influenced strategic energy decisions on a ~€100m annual group energy cost base across 20,000+ distributed sites, supporting CEO-level approval of initiatives that contributed to around 10% cost reduction.
• New Revenue Streams: Built business cases for storage, EV charging, energy/gas trading and renewable assets, including IRR/ROI analysis presented to General Manager and Financial Director.
• Represented OTE in interactions with regulators (RAE/RAAEY and Ministry of Environment and Energy), energy suppliers, IPTO/ADMIE and HEDNO/DEDDIE.
• Reported to General Manager and CFO of OTE ESTATE

HEAD OF O&M - EOLFI WIND HELLAS S.A.

(2010-04 - 2015-05)

• Financial Turnaround: Transformed an old wind park from €300k loss to €450k net margin, restoring profitability and investor confidence.
• Reliability & Maintenance System Build-out: Established maintenance processes and service governance (incl. spares/warehouse logic and preventive routines) to reduce downtime and protect availability-driven revenue.
• Insurance Claims: Managed insurance claims worth €1.2M, accelerating recovery and protecting asset value.
• Local & International Collaboration: Supported development of 150 MW wind projects in Greece and 100 MW in France, conducting due diligence, financial modeling, and risk assessments for senior management.
• High-Level Presentations: Presented detailed P&L statements to the General Manager and CEO, strengthening decision-making for expansions and investments.

ELECTRICAL ENGINEER - D-MELETITIKI

(2008-07 - 2010-04)

• Managed construction teams for industrial and infrastructure projects
• Supervised safe operation of trucks and MV substations on construction sites

Diploma / Integrated Master - Electrical Engineering - University of Patras