Enel

The Greek market saw a 15-year record in acquisitions of Greek companies in 2023, according to a report by PwC Greece on Wednesday.

The chairman and CEO of Greece's power utility company PPC's presented the company's plans to penetrate the region of the Western Balkans and the Southeast Mediterranean to the US Assistant Secretary for Energy Resources Geoffrey Pyatt at a meeting in Washington on Monday.

France's TotalEnergies is exploring a sale of a 50% stake of a portfolio of renewable projects in Europe and the US, including Greece,according to two people familiar with the matter.

The French energy group is sounding out advisers for a sale of a stake in wind and solar power assets across the US, Spain, Portugal, France and Greece, the sources said.

Italy's Enel group announced on Friday that, through its wholly owned subsidiary Enel Green Power (EGP), it has completed the sale of 50% of Enel Green Power Hellas (EGPH), wholly owned by EGP, to Macquarie Asset Management, through Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2), after the fulfillment of all conditions customary for this type of transaction, including approva

Public Power Corporation on Wednesday announced the completion of the agreement for its acquisition of Enel Romania, which is the company's first major expansion abroad. The acquisition of all the stakes held by Enel and its Romanian subsidiaries was launched last November, with the exclusive negotiations between the two companies resulting in a binding agreement on March 9, 2023.

The conclusion of PPC's acquisition of Italian company Enel's activities in Romania is days away, with next Tuesday being the most likely date.

After four months of negotiations that began in November 2022, PPC agreed to pay €1.26 billion for Enel's businesses.

The acquisition will be partly financed by two loans.

The Greek renewables market is seeing unprecedented business activity, with portfolios of hundreds of "green" megawatts changing hands.

Italy's Enel is expected to finalize a deal by May for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group, two sources close to the matter said on Thursday.

Enel said in November it was looking for a partner willing to buy part of Enel Green Power Hellas and invest in its development.

Italy's Enel is expected to finalize by May a deal for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group, two sources close to the matter said on Thursday.

Enel said in November it was looking for a partner willing to buy part of Enel Green Power Hellas and invest in its development.

Public Power Corporation (PPC) on Thursday announced it has reached a deal to increase its equity stake in electricity power distribution and supply companies in Romania, following an agreement reached on March 9 to acquire all of Enel's activities in the country.