Search Results: PPC

DEI Fiber is already available to 600,000 households and businesses, with coverage expanding rapidly.

PPC CEO Stassis: Full year 2025 guidance for an adjusted EBITDA of €2bn; adjusted net Income of more than €0.4bn

CDP, a global non-profit that runs the world’s only independent environmental disclosure system, upgraded the Public Power Corporation (PPC) of Greece in its climate change rating from the global non-profit environmental organization CDP, moving from a “B–” to a “B” in 2024. PPC is in the process of fully phasing out the use of lignite […]

Goldman Sachs maintains a “buy” recommendation on Greece’s public power corporation (PPC) based on the company’s ongoing transformation, the projected 20% earnings per share (EPS CAGR) for 2024-2027, and robust execution indications, with planned renewable energy additions supported by assets already under construction. The multinational investment bank and financial services company estimates PPC’s financial results […]

Power utility announces data center 'valley' in western Macedonia of 1 GW, with energy of 2.7 GW

Under the agreement, PPC will serve as an official sponsor for the Turkish Airlines Euroleague and BKT EuroCup in Greece until 2027.

Public Power Corp. (PPC), the dominant wholesale and retail electricity provider in Greece, on Friday announced a 60% discount on rates for March, stating that the utility is “fully absorbing” further hikes in wholesale prices and supporting its customer base. The sizeable discount affects the “green” rate package offered by the ATHEX-listed utility, which for […]

The rate to be applied in February 2025 will be the same as in the preceding month, namely, 0.1548 €/kWh in the 'green' program

The first phase of the investment is billed as valued at 150 million euros, with the first phase aiming to build infrastructure for 12.5MW, with a prospect of reaching 25MW

Greece's dominant power utility sought 500 million euros from the markets; bond matures in 2031

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

This is a move that aims for the gradual phase-out of lignite units and an increase in renewable energy sources, with a particular emphasis on wind energy.

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 deal, previously reported by ot.gr, is billed as valued at two billion euros, with implementation horizon of three years.

Development marks first foray into retail sector for Greece's dominant power utility

Greece's dominant power utility 'back in black' after flirting with insolvency prior to 2019

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