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PPC
Issues a €500 million bond maturing in 2031
PPC intends to issue €500 million in senior unsecured bonds maturing in 2031, according to an announcement.
4.3 GW of new clean energy in SE Europe from PPC
PPC Chairman and CEO George Stassis spoke about Europe's energy transition and the need to invest in the development of networks in order to accelerate the achievement of the desired goal at the BloombergNEF Summit in London.
The meaning of strategic agreement with Kopelouzos and Samaras Groups
PPC is taking an important step towards achieving its goal of increasing RES and diversifying its portfolio with the strategic agreement to acquire RES, in operation and under development, from the Kopelouzos and Samaras groups.
Acquires 629MW renewable energy portfolio in Romania
Evryo Group, whose assets are under the control of Macquarie Asset Management, has sold a sizable portion of its renewable energy portfolio to PPC.
Strong results with adjusted EBITDA at €927 million for the first half of the year
PPC Group reports strong results for the first half of the year, with adjusted EBITDA reaching EUR 927 million, up 57%.
European funding to modernise networks in Romania
The three PPC Group companies in Romania have secured €38.3 million (191 million lei) in financing from the Modernization Fund.
Construction of 140 MW wind farm starts in Romania
A new wind farm with an installed capacity of 140 MW at Deleni in Vaslui province in eastern Romania has added to the organic growth of the PPC Group's RES portfolio.
Payments of €8.7 million to the Public Sector
Due to the lignite mines' mining activity, PPC paid the state €8.7 million for the year that ended on December 31, 2023.
€100 million investment for new green offices goes ahead
The approval of the environmental conditions for the construction of the PPC's new green offices marked a significant milestone in the implementation of the €100 million investment in Mesogeion Avenue.
€42.9 million contract with PPC Renewables
PPC Renewables and the Avax Group signed the contract for the Megalopolis 125 MW photovoltaic power plant's construction and operation.
The transformation and dividend target
The dividend to PPC shareholders will rise from its current 35% of net profits to 55% of net profits by 2026, according to George Stassis, Chairman and CEO of PPC.