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Public Power Corporation S.A. (PPC.AT)

Athens - Athens Delayed price. Currency in EUR
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8.45-0.10 (-1.17%)
At close: 05:19PM EET
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  • Reuters

    RWE enters Greece via solar JV with Public Power Corp

    RWE, Germany's biggest power producer, on Thursday said it has formed a joint venture with Public Power Corporation (PPC) , which will initially focus on realising solar projects worth up to 2 gigawatts in Greece. The 51-49 joint venture is RWE's first move into the Greek market, the company said, adding both firms had agreed to not disclose financial details of the deal. "Greece is a promising growth market for us, with its high solar energy levels and clear commitment to renewables," said Katja Wuenschel, chief operating officer for onshore and PV Europe and Asia-Pacific of RWE Renewables.