Investor Relations - 17.06.2010

Construction of Megalopolis Photovoltaic Park


Tender launched for a 50MW Photovoltaic Park

PPC S.A. announces that on June 11, 2010, its 100% owned subsidiary PPC Renewables S.A. launched a tender for the engineering, supply, transport and installation of a Photovoltaic Park in Megalopolis with a total capacity of 50MW. The budget of the project is € 140 million.

The project will be developed on a 2,000 acres land within the area of the Megalopolis lignite mine and is expected to become operational within 2012. It is estimated that the annual energy generation will reach 65,000 MWh, while at the same time 58,000 tons of CO2 emissions from conventional plants will be avoided.

Athens June 16, 2010

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