Business

RWE enters Greece via solar joint venture with Public Power Corp

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The headquarters of the German power supplier RWE is pictured in Essen, Germany, April 24, 2018. REUTERS/Wolfgang Rattay/File Photo

FRANKFURT, Oct 7 (Reuters) - RWE (RWEG.DE), Germany's biggest power producer, on Thursday said it has formed a joint venture with Public Power Corporation (DEHr.AT) which will initially focus on realising solar projects worth 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.

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Reporting by Christoph Steitz Editing by Riham Alkousaa

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