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PPC
Goldman Sachs raises its target price
Goldman Sachs raises its target price for PPC's shares to €15.5 from €14.5 previously, while upgrading its recommendation to buy from neutral.
Signed with PPC the construction of a CHP plant in Western Macedonia
Elektor signed the contract with a useful thermal capacity ≥ 65MWth at the Kardia NPP facilities on Tuesday 7 January 2025, through a joint venture with PPC.
Takes over the construction of the new PPC building
Terna, a wholly owned subsidiary and construction arm of the GEK Terna Group, is to take over the first phase of the construction project of the new PPC administration building at the former Plessa camp on Plesa Avenue.
Launches renewable energy production in Italy
PPC Group's entry into the Italian market of renewable energy sources marks the launch of the operation of two new photovoltaic plants with a total installed capacity of 32 MW.
The case of integration in the PPC Group and the strategy for a personalized consumer experience
Kotsovolos continues to provide a personalized experience and emphasizes the integration of digital systems to provide a unified value experience through Omnichannel.
Collaborates with DAMAC for new data center in Spata
DAMAC's EDGNEX Data Centers and PPC Group announce the establishment of Data In Scale (DIS), a joint venture (DAMAC 55% - PPC 45%) for the development of a state-of-the-art data center in Spata.
PPC's investments contribute to energy security in the wider SE Europe region
PPC Group's enhanced role in energy security and geopolitical stability in the Southeastern European region was the focus of the President and CEO of PPC Group, Mr. Georgios Stassis, during his keynote speech during a conference held at the German Marshall Fund of the United States in cooperation with the Center for Strategic and International Studies (CSIS).
Starts the construction of three new wind farms
PPC Renewables starts the construction of three new wind farms, with a total capacity of approximately 100 MW, in Greece, as it dynamically advances the organic development of the PPP portfolio for the PPC Group.
Why the share seems relative cheap
PPC, which had an evaluation of roughly €400 million 5 years ago, is now valued at €4.6 billion, and its share still seems relatively cheap.
Acquisition of 629 MW of renewable energy projects from Evryo Group
The doubling of its portfolio in Romania marks for PPC the completion of the acquisition of 629 MW of renewable energy projects from Evryo Group, which is controlled by Macquarie Asset Management.
Investments of €10.1 billion by 2027, EBITDA target of over €3 billion by 2030
Investments of €10.1 billion over three years are foreseen in PPC's new, updated strategic plan 2025-2027, which will drive EBITDA to €2.7 billion in 2027 and over €3 billion in 2030.