About: PPC

Greek power utility forges ahead with corporate green financing

Greece's Public Power Corp. (PPC), the country's biggest energy company, has surpassed expectations with its first-ever green bond. The energy utility also broke new ground at EU level by committing to pay investors a higher fee if it misses its climate goals, EURACTIV.gr reports.

Greece gives investors another week for coal plant bids

Greece has given investors another week to 15 January to submit binding bids for three coal-fired power plants and a licence to build another one, a senior energy ministry official told Reuters on Monday (7 January).

Greece’s energy future on the line

Lignite has been the driving force of the Greek economy for the last six decades and the government intends to keep it that way, even though this most polluting of fuels is now becoming uncompetitive, writes Nikos Mantzaris.

EU shouldn’t allow Greek violation of environmental legislation

It is no secret that the Public Power Corporation (PPC) heavily influences the Greek government, but the EU institutions should step in to prevent a violation of European environmental legislation, writes Nikos Mantzaris.

Industry urges Greek government to fix ‘distorted’ renewables market

The leftist Greek government has clashed with the country's energy providers over the continuation of a special levy (ELAPE) imposed in order to balance the renewable energy sources account, which is a bailout obligation.

Greece agrees with lenders to sell some power plants

Greece has agreed that its main power utility, Public Power Corp (PPC), will sell some coal-fired plants as part of bailout reforms, two sources close to the talks said today (29 March).

Greek power utility shareholders approve grid spin-off

Shareholders of Greece's power utility Public Power Corp. (PPC) approved yesterday (17 January) the transfer of a 51% stake in the power grid operator ADMIE, part of a spin-off scheme, which is a major term in Greece's bailout programme.

‘Milestone’ Greek electricity deal ends 10-year dispute

Greece’s electricity company has signed a long-awaited energy supply agreement with the country’s biggest industry customer - Aluminium of Greece - ending a conflict over the pricing of electricity that had been raging for almost sixteen years.

Vestager: Gazprom is partitioning markets in Central and Eastern Europe

Russia's Gazprom may have leveraged its dominant position by obtaining unrelated commitments on pipelines from its customers, as a condition of supplying gas to Bulgaria and Poland, says Margrethe Vestager.

Greek industry puts hope in EU to ease the grip of national monopolies

Greece’s state electricity supplier should negotiate its tariffs and not impose them unilaterally, according to a European Commission decision that paves the way for a “new deal” on energy pricing in heavy industry.

Athens opposes EU energy strategy, blocks privatisations

The Syriza-led government will be against an Energy Union that undermines Greece's national interests, including in its relations with Russia, said Greek energy minister Panagiotis Lafazanis, who also ruled out any privatisation schemes for the country’s energy sector.