Sources close to the Public Power Corp. (PPC), Greece’s dominant electricity producer and provider, on Friday evening flatly denied circulated reports of participation by the ATHEX-listed utility in any buyout of Athens-based Terna Energy.
The same sources said the state-run utility’s strategy remains focused on new renewable energy sources projects in Greece, terming the latter as a more advantageous investment, compared to projects already up and running, “which entail a greater risk”.
