Press Release - 08.12.2011

Award of the contract for the 50MW photovoltaic park in Megalopolis


                                                     PRESS   RELEASE 

PPC Group announces that, the Tender of the companies ARKADIKOS ILIOS 1 S.A. and ARKADIKOS ILIOS 2 S.A. (100% subsidiaries of PPCR S.A.) for the “Study, procurement, transfer, installation and set into operation of two (2) photovoltaic plants of 39MW and 11MW respectively, in Megalopolis”, is awarded to J&P AVAX S.A.

For the signing of the contract, the necessary funds will have to be secured so that an appropriate return on this investment is ensured.

Athens, 8.12.2011

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