PPC Renewables was declared the preferred investor in the framework of the Piraeus Equity Partners competition.
In particular, the sale agreement (SPA) of the shares of companies that own operating wind power plants with a total capacity of 44 MW and photovoltaic parks with a capacity of 2 MW was signed. The transaction was carried out through a competitive process, with the participation of Greek and international investment companies, in which PPC Renewables was deemed the preferred investor.
Greek PPC: Acquisition of a majority stake in “Alexandroupolis Power Generation”
The completion of the Transaction is subject to the usual conditions and approval procedures.
Grant Thornton acted as financial advisor and KLC Law Firm as legal advisor to Piraeus Equity Partners. The PPC Renewables team was supported in this transaction by Eurobank, through the Investment Banking department as financial advisor, Reed Smith as external legal advisor, KPMG as accounting and tax advisor and TÜV Austria Hellas as technical advisor.
The announcement at the Stock Exchange
PPC S.A. informs that in the context of a competition by Piraeus Equity Partners, its subsidiary company PPC Renewables was declared as a preferred investor.
In particular, the agreement for the sale of the shares (SPA) of companies that own operating wind power plants with a total capacity of 44 MW and photovoltaic parks with a capacity of 2 MW was signed.
The transaction was carried out through a competitive process, with the participation of Greek and international investment companies, in which PPC Renewables was deemed the preferred investor
Latest News
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.