Public Power Corporation
PPC completes Kotsovolos takeover
Public Power Corporation (PPC) on Wednesday announced the completion of the acquisition of the Kotsovolos chain of electrical and electronic goods from Currys Plc through which it will significantly accelerate its transformation into an integrated provider of products and services in the retail market.
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Bank funding for a 451-mln-euro solar project at Amyntaio
Greek banks Alpha, Eurobank and National have signed loan contracts with the energy groups RWE and Public Power Corporation for the construction of four photovoltaic projects with a total capacity of 730 MWp in Amyntaio. This is an investment of 451.4 million euros, with co-financing from the Recovery Fund.
PPC completes acquisition of Romania wind farm
Public Power Corporation (PPC) announced on Tuesday it has completed the acquisition of an 84-megawatt wind farm in Romania through its subsidiary PPC Renewables.
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Hellenic Competition Commission approves Kotsovolos sale to PPC
The Hellenic Competition Commission approved the sale of electronics and appliance chain Kotsovolos to the Public Power Corporation (PPC), it said on Wednesday.
In a statement, the Commission said that it unanimously approved the 100% acquisition by PPC of Dixons South-East Europe (Dixons).
Record-breaking acquisitions in the Greek market
The Greek market saw a 15-year record in acquisitions of Greek companies in 2023, according to a report by PwC Greece on Wednesday.
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PPC aspires to become regional clean energy leader
Public Power Corporation's (PPC) goal is to become the leading player in the field of clean energy and critical infrastructure in Southeast Europe, creating an energy corridor that will add value to all countries, the president and CEO of PPC, Giorgos Stassis, said while speaking at the Ziarul Financiar Power Summit 24 in Bucharest on Tuesday.
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Stassis presents PPC’s transition, expansion plans to US energy official
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.
PPC and RWE announce construction of another solar park
Two major energy groups, Germany's RWE and Greece's Public Power Corporation are promoting Greece's energy transition through their joint venture, Meton Energy SA, which has made its final investment decision for the construction of another photovoltaic project in the country.
ATHEX: EU scare ends stocks’ rising streak
After six sessions of gains in a row for the benchmark, which took it to a 13-year high, the Greek stock market endured moderate losses on Wednesday, in spite of the spectacular entry of Athens International Airport.
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Commission to investigate PPC for potential breach of EU antitrust policy
The European Commission informed the Greek electricity provider Public Power Corporation (PPC) on Wednesday of its preliminary view that PPC has breached EU antitrust policy by selling electricity in the Greek wholesale market below cost, thereby excluding its main rivals.