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Public Power Corp Appoints George Karakousis As Deputy Chief Executive Officer
Greek Public Power Corp says it repaid a 350 million euro bond
Public Power Copr. says no plan to sell power distribution operator
Public Power Corporation SA (PPC) is a Greece-based company, which is engaged in the generation, transmission and distribution of electricity. PPC Group generates electricity from the over 60 main power generating stations of the parent company as well as from additional stations, such as wind parks, small hydro stations and photovoltaic plants that belong to its wholly owned subsidiary PPC Renewables. Furthermore the Company transmits electricity through its approximately 12,000 kilometers long high voltage system, out of which approximately 11,000 kilometers are owned by its wholly owned subsidiary Independent Power Transmission Operator (IPTO SA). In addition the Company distributes electricity to consumers through its approximately 200,000 kilometers long distribution network of medium and low voltage, which are managed by its wholly owned subsidiary Hellenic Distribution Network Operator (HEDNO SA).
30 CHALKOKONDYLI St.
Executive Chairman of the Board of Directors, Chief Executive Officer
Deputy Chief Executive Officer, Executive Director
Pyrros D. Papadimitriou
Non-Executive Vice Chairman of the Board of Directors
Chief Financial Officer
Chief Human Resources and Organization Officer
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Greece's biggest power utility Public Power Corp. (PPC) said on Thursday that its second quarter core profit more than tripled from a year earlier, helped by a plunge in oil and gas prices this year.
Greece's biggest electricity utility, Public Power Corp. (PPC) <DEHr.AT>, said on Wednesday it has finalised a deal to sell off unpaid bills to investment bank JP Morgan that will raise about 200 million euros ($235 million).
Public Power Corp. (PPC) , Greece's biggest utility, is close to selling off a bundle of unpaid bills worth about 300 million euros ($339 million) in a securitisation deal with JPMorgan, two sources close to the matter said on Tuesday.
Public Power Corp. (PPC) , Greece's biggest utility, is close to a deal to sell a bundle of unpaid bills worth about 300 million euros ($339 million) to JPMorgan, two sources close to the matter said on Tuesday.
ΑTHENS, June 2 (Reuters) - Greece's biggest power utility Public Power Corp. (PPC) made a core profit in the first quarter of the year, helped by a drop in energy costs due to worldwide coronavirus lockdowns, it said on Tuesday.
Greece's biggest power utility Public Power Corp. (PPC) on Thursday posted a net loss of 1.68 billion euros ($1.8 billion) for 2019 after it wrote down the value of its coal-fired plants.
Greece plans to sell a 49% stake in power distribution network HEDNO to help strengthen the finances of its current owner, state-controlled power utility Public Power Corp. (PPC), the country's energy minister said on Monday.
* PPC sees EBITDA at 420-470 mln eur in 2019, doubling in 2020
Workers at Greece's Public Power Corp (PPC) launched a two-day strike on Wednesday to protest a draft law aimed at reforming the troubled utility, its largest labour union GENOP/DEH said.
RWE denied on Thursday a report saying the German power firm would face nearly 1 billion euros ($1.1 billion) of losses related to its coal-fired power plants this year.
Greece's biggest electricity utility Public Power Corp (PPC) on Tuesday posted a smaller loss in the first half of the year, thanks to lower costs for carbon emission rights and reduced discounts offered to customers.
The new head of Greece's Public Power Corp (PPC) said on Thursday his priority was to tackle a "dramatic" cash shortfall at the state-controlled utility by the end of next year.
Greece unveiled on Monday a plan to overhaul loss-making state-controlled Public Power Corp. (PPC) to shore up its finances, including voluntary redundancies and selling shares in its distribution network.
Greece's newly-elected conservative government will work on a plan to help state-controlled utility Public Power Corp. (PPC), which is "on the verge of collapse", incoming energy minister Kostis Hatzidakis said on Tuesday.
Public Power Corp. (PPC), Greece's dominant power utility, on Thursday dismissed a newspaper report saying it urgently needed funds.
Greece's Public Power Corp (PPC) said on Wednesday that a 1.4 billion euro ($1.6 billion) coal-fired plant project is at risk without a capacity remuneration mechanism, following a jump in carbon emissions costs.
Greek power utility Public Power Corp (PPC) said on Wednesday that it will repay a bond due next month and that its operations and spending plan will continue smoothly.
Greek utility Public Power Corp (PPC) is considering the securitisation of part of its backlog of unpaid bills, it said in a bourse filing on Thursday, as repayment looms next month on an existing bond.
Public Power Corp (PPC) is considering securitising part of its backlog of unpaid bills and using them as a guarantee to tap bond markets later this year, a Greek newspaper reported on Thursday.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.