(IN BRIEF) CVC Capital Partners IX has agreed to invest in Public Power Corporation S.A., Greece’s largest renewables-focused and vertically integrated utility, as the sole cornerstone investor alongside the Greek State in PPC’s €4.25 billion Share Capital Increase. PPC operates … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, Technology
Tagged 300MW facility, Bulgaria, Central and South East Europe, clean power, cornerstone investor, Critical Infrastructure, CROATIA, CVC Backs PPC’s Clean Energy and Infrastructure Growth Strategy in Greece and Southeast Europe, CVC Capital Partners, CVC Capital Partners IX, CVC Capital Partners IX to Invest in Public Power Corporation Through €4.25 Billion Share Capital Increase, CVC Investment Strengthens PPC’s Position as a Major Renewables-Focused Utility in Central and South East Europe, data centre infrastructure, distribution network operator, electricity distribution, electricity generation, Energy Products, energy services, energy transition, Euronext Athens Stock Exchange, flexible generation, Fund IX, Greece, Greek state, installed capacity, Italy, power-tech, PPC, PPC Advances Regional Clean Power-Tech Strategy with CVC Capital Partners IX Investment, Public Power Corporation, regulated asset base, renewable energy, renewable energy sources, renewables, RES, Romania, share capital increase, vertically integrated utility, €24 billion investment plan, €4.25 billion
Brussels, Belgium, 16-10-2013 — /EuropaWire/ — The European Commission has found that aid to four projects aimed at improving and expanding the Greek gas network complies with EU state aid rules. These projects aim at increasing the gas transmission capacity and security … Read the full press release
Posted in Energy, Gas & Oil, European Union, Government, Greece, Infrastructure & Utilities, Investment, Law
Tagged aid, Commission, DESFA, distorting competition, EU energy goals, EU internal market, EU state aid rules, European Commission, gas infrastructure, Greek gas infrastructure projects, Greek gas network, Greek state, Joaquin Almunia, reducing CO2 emissions, state aid
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