This optimism is fueled by PPC's recent 700 million euro acquisition of Macquarie's renewable energy portfolio in Romania and the company's strong financial performance in the first half of the year.
On the renewable energy front, Stassis cited cooperation with major partners, including RWE, for projects totaling 940 MW, along with Intrakat for up to 2.7 GW and Metlen for 2 GW
Greece's dominant power utility 'back in black' after flirting with insolvency prior to 2019
The Rating House says Mytilineos is supported by robust performances in the energy sector. The EBITDA is projected to be in the range of €900 million to €1 billion in 2023, up from €854 million in 2022.