Investor Relations - 09.02.2021

Head of Terms Approval for the cooperation between PPC Renewables S.A. and RWE Renewables GmbH

Announcement

PPC S.A., following its announcement dated 9.3.2020, announces that its BoD approved the Head of Terms for the cooperation between its 100% subsidiary PPC Renewables S.A. and RWE Renewables GmbH, aiming at the joint contribution and development of PVs of a total installed capacity up to 2 GW through a JV. The participation in the JV will be 51% for RWE Renewables GmbH and 49% for PPC Renewables S.A.

Athens, February 9, 2021

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