Investor Relations - 22.12.2022

Acquisition of a majority stake in “Ilektroparagogi Alexandroupolis Single Person S.A.”

Athens, December 22, 2022

 

Announcement – Regulated information

 

PPC S.A. is informing that it proceeded to the acquisition of 51% of the shares of the company “Ilektroparagogi Alexandroupolis Single Person S.A.” from Damco Energy. Said company is planning the construction and exploitation of a new electricity generation unit using natural gas as fuel, with a nominal capacity of 840 MW, in Alexandroupoli. The new unit is expected to be operational at the end of 2025.

DEPA Commercial and Damco Energy will also participate in the company with 29% and 20% stakes respectively.

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