Public Power Corporation SA

Public Power Corporation SA on Thursday announced the completion of the signing of the syndicated financing of Phoibi Energiaki Sole Shareholder SA, a subsidiary of PPC Renewables, within the framework of the National Recovery and Resilience Plan, Greece 2.0, with Eurobank acting as coordinator and Eurobank and Piraeus Bank as co-organizer.

Public Power Corporation SA on Thursday reported increased operating earnings, lower debt and an 1.8-billion-euro contribution to deal with the impact of an energy crisis for 2022, despite a big increase in operating spending (mostly for the purchase of energy and natural gas).