PPC

The yields from the offering called “Offering” will be used to finance ongoing capital expenditure projects by the country’s largest electric power company

Some of the biggest names in Greece’s corporate world – among them Titan Cement, Metlen, Motor Oil, HELLENiQ ENERGY and the Public Power Corp. (PPC) – have announced their intention to employ AI in their daily business

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

The company approved a record 199.4-million-euro dividend distribution to its shareholders, or 1.80 euros per share, in a general meeting to be paid out on Wednesday, July 3rd.

The forest of Schinias is regenerating itself, mounds of dead seagrass are combating beach erosion and 26,000 kg of trash have been removed, but societal pressure for easy beach access remains high

PPC FiberGrid selected areas based on factors, such as population coverage and the lack of Fiber to the home (FTTH) infrastructure

British electrical retailer Curry’s, which own Kotsovolos, announced the sale after the Greek Competition Commission approved the deal

The project began construction in 1986, but never operated, and is valued at around 500 million euros

Dominant power utility eyes significant foray into consumer goods sector with the purchase of Kotsovolos chain; auto charging network (PPC Blue) and entry into the telecoms market

According to the latest data, the deficit for the period from April to October 2023 has reached 230 million euros, and estimates suggest that it is expected to rise to 310 million euros by the end of the 12-month period

The planned wind park, which will be located in the sea area off Alexandroupolis, is set to become a permanent installation