PPC Group announces 1.4 bln. euro in investments in H1, mostly focused on renewables and distribution
PPC Group announced investments of 1.4 billion euro in the first half of this year (H1), of which 86% allocated…
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Georgios Stassis
Markus Rauramo, CEO of Fortum, takes the reins of Eurelectric
Markus Rauramo, CEO of Fortum, has been appointed President of Eurelectric, the association representing the European electricity industry in Brussels.…
Georgios Stassis: PPC increased its investments to 3 bln. euro
PPC recorded a solid performance again in 2024, with adjusted EBITDA increasing to 1.8 billion euros – an increase of…
PPC Group joins EPRI’s DCFlex initiative
PPC Group announced its active participation in the Data Center Flexibility and Grid Reliability (DCFlex) initiative, led by the independent,…
PPC completes acquisition of Evryo’s 629 MW RES portfolio
PPC announces the completion of the acquisition of Evryo Group’s renewable energy portfolio in Romania, previously held by funds managed…
PPC Group: Investments of 10 bln. euro, towards an EBITDA of 2.7 bln. euro in 2027
The PPC Group presents the new objectives, updated and increased, from the Strategic Plan for the period 2025-2027, with the…
PPC Group: International honors by Institutional Investor
PPC Group has achieved significant recognition across seven categories at the 2024 Developed Europe and Emerging EMEA Equities Awards by…
PPC: Solid financial performance, with adjusted EBITDA of 927 mln. euro in H1, up 57%
PPC posted solid results in the first half (H1) of 2024, as the second quarter (Q2) continued the trend of…
PPC buys Evryo Group’s 629 MW renewable energy portfolio for 700 mln. euro
PPC announces that it has entered into an agreement with Evryo Group (former CEZ), owned by funds managed by Macquarie…
Stassis, PPC: We need to increase investment in distribution networks throughout Europe
Investments in electricity networks must be doubled throughout Europe, and in Romania they should reach 1.2 billion euros per year,…
PPC: Investments of 501 mln. euro, renewables reached 4.7 GW
The PPC Group, which took over Enel in Romania, recorded in the first quarter of the year (Q1) a net…
Stassis: We estimate a 10% increase in energy demand in Romania by 2030
Energy demand will increase in Romania by 10% by 2030 and the same will happen, for the most part, throughout…
PPC: EBITDA target of 2.3 bln. euro for 2026, investments of 9 bln. euro in three years
The PPC Group presented its strategic plan for the period 2024-2026 in London. The plan is based on robust financial…
PPC finalized the acquisition of Enel’s Romanian operations
PPC has completed the acquisition of Enel’s activities in Romania, successfully concluding its first major expansion abroad. The acquisition represents…
Greece to join the 3 Seas Initiative; Georgios Stassis (PPC) expected in Bucharest
Greece aims to bolster its geopolitical influence in the Balkans through energy, and power utility PPC’s takeover of Italian group…
PPC’s growth strategy following the takeover of Enel Romania
One of the biggest transactions in the last decades – the acquisition of Enel Romania by Public Power Corporation (PPC)…
PPC will complete the acquisition of Enel Romania in September
PPC will complete the acquisition of Enel Romania in September and will become the largest energy player in Southeast Europe.…
Georgios Stassis, the new VP of Eurelectric: Clean electrification – crucial for Europe’s future
Georgios Stassis, CEO of Public Power Corporation (PPC), the group that acquired Enel Romania, recently became vice president of Eurelectric,…
PPC: The takeover of Enel assets in Romania received positive feedback from Fitch and S&P
The agreement to take over Enel assets in Romania by PPC received positive feedback from Fitch and S&P, informs the…
Greece’s PPC buys Enel Romania in a deal valued at 1.9 billion euros
Enel Spa, Italy’s largest utility, will sell its Romanian operations to Greece’s Public Power Corp (PPC) for 1.26 billion euros…
Carlo Pignoloni becomes the new country manager for Enel in Romania
Enel announces that, as of today, Carlo Pignoloni, who up until now was head of Enel Green Power’s operations in…
Georgios Stassis leaves Enel Romania for Greece’s PPC
Enel Romania’s CEO Georgios Stassis will leave the company to take over one of the Greek utilities, the state-controlled Public…
Ramona Jurubiță, the new president of FIC
The Foreign Investors Council – FIC elected on 13 June its new executive team after having had elections for a…