Refinery and petrochemical group Motor Oil and the Public Power Corp. (PPC), Greece’s biggest power company, on Thursday announced an agreement to form a joint consortium that will develop hydrogen production and storage works in the country.
The two industrial concerns first announced such an intent back in January 2022 by signing a MoU.
Motor Oil will hold a majority stake of 51 percent in the new venture, called Hellenic Hydrogen S.A., with PPC holding the remaining 49 percent
