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Results for "PPC"

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PPC Group Acquires 57.5 MW Solar Park in Hungary
Environmentnaftemporiki1mo ago

PPC Group Acquires 57.5 MW Solar Park in Hungary

Greek energy company PPC Group, through its subsidiary PPC Renewables, has entered the Hungarian clean energy market by acquiring a 57.5 MW solar photovoltaic park. This move marks PPC's expansion into one of Europe's fastest-growing renewable energy markets.

PPC Explains Why Lignite is No Longer Viable for Greece
Businessnaftemporiki2mo ago

PPC Explains Why Lignite is No Longer Viable for Greece

Greece's Public Power Corporation (PPC) presented its position on the future of Western Macedonia, outlining why lignite is no longer a viable option for energy production following restoration works and the removal of decommissioned excavators at the Mavropigi lignite mine.

PPC Group and Vodafone Greece Explore Joint Fiber Optic Venture
Businessiefimeridanaftemporikinewsbeast2mo ago3 sources

PPC Group and Vodafone Greece Explore Joint Fiber Optic Venture

PPC Group (Public Power Corporation) and Vodafone Greece are exploring a potential partnership to create a jointly controlled company for fiber optic infrastructure, with a non-binding term sheet outlining key principles for the 50:50 joint venture. This collaboration is expected to significantly impact competition in the Greek fiber optic market and benefit consumers.

Google Data Center's Impact on Energy and the Future of Electric Intelligence
BusinessTimes of Indiaiefimeridanewsbeast2mo ago3 sources

Google Data Center's Impact on Energy and the Future of Electric Intelligence

The CEO of PPC, Georgios Stassis, stated that the Kozani data center will not impact electricity bills, emphasizing that more renewable energy sources lead to better prices. Google's VP of global infrastructure acknowledged legitimate fears regarding data centers, while Stassis highlighted the advent of the 'electric intelligence' era through a Eurelectric-Google agreement.

Athens and Oslo Stock Markets See Mixed Performance
Businessvgnaftemporikinewsbeast3mo ago3 sources

Athens and Oslo Stock Markets See Mixed Performance

The Athens Stock Exchange experienced a comeback, saving the 2,200-point level with support from Piraeus, Euronext, and PPC, despite earlier downward trends. Meanwhile, the Oslo Børs saw a decline, with Orkla falling by 6 percent.

PPC (ΔΕΗ) Announces Mega Capital Increase
Businessiefimerida3mo ago

PPC (ΔΕΗ) Announces Mega Capital Increase

PPC (Public Power Corporation of Greece) is on the verge of one of its largest business ventures, with a €4 billion capital increase imminent following overwhelming approval from an extraordinary general meeting.

PPC Seeks 5G Spectrum from Greek Telecom Regulator
Technologynaftemporiki3mo ago

PPC Seeks 5G Spectrum from Greek Telecom Regulator

Greece's Public Power Corporation (PPC) has formally requested the Hellenic Telecommunications and Post Commission (EETT) to secure spectrum necessary for its planned 5G network expansion. This move aims to facilitate PPC's entry into the telecommunications market.

PPC Stock Rises Ahead of Capital Increase
Businessnaftemporiki3mo ago

PPC Stock Rises Ahead of Capital Increase

Shares of PPC (ΔΕΗ) have seen seven consecutive upward trading sessions, gaining momentum ahead of its capital increase, with management contacts with potential investors reportedly yielding results.

Intense Competition Expected in Greek Telecommunications Sector
Businessnewsbeast3mo ago

Intense Competition Expected in Greek Telecommunications Sector

The Greek telecommunications sector is bracing for intense competition, with new developments, possibly influenced by moves from PPC (Public Power Corporation). The potential divestment by major players is creating opportunities for emerging companies to rapidly expand their presence in the industry.

Trumps Demand Jimmy Kimmel Firing Over Melania Joke; Kimmel Defends Remarks
PoliticsAPbloombergNYT+79wsjFTwapoThe GuardianNPRAl JazeeraCNNdr-dk+71 more3mo ago82 sources

Trumps Demand Jimmy Kimmel Firing Over Melania Joke; Kimmel Defends Remarks

Donald and Melania Trump have called for Jimmy Kimmel's firing following a joke he made about the former First Lady, which they deemed offensive. Kimmel has since defended his comments, stating it was a light roast joke about their age difference.

Review of Sofia Rönnow Pessah's EU Novel
Politicssvenska-dagbladet16d ago

Review of Sofia Rönnow Pessah's EU Novel

A review discusses Sofia Rönnow Pessah's EU novel, focusing on young women working in Brussels, their group chats, and unhappy loves, highlighting the political discussions as the most interesting aspect.

PPC Enters Hungarian Market with 57.5 MW Solar Park
Businessnaftemporikinewsbeast1mo ago2 sources

PPC Enters Hungarian Market with 57.5 MW Solar Park

PPC (Public Power Corporation) Group is expanding into the Hungarian market with the acquisition of a 57.5 MW photovoltaic park. The company also plans to develop energy storage solutions in the country.

PPC Modernizes Power Plants on Greek Islands
Businessnaftemporiki1mo ago

PPC Modernizes Power Plants on Greek Islands

PPC is reinforcing its power generation stations on the Greek islands of Chios, Lesvos, and Rhodes with five new, flexible gas turbine units, totaling 90 MW capacity, to modernize the facilities.

S&P Upgrades PPC (ΔΕΗ) Credit Rating to BB
Businessiefimeridanaftemporiki2mo ago2 sources

S&P Upgrades PPC (ΔΕΗ) Credit Rating to BB

S&P Global Ratings has upgraded the credit rating of Greece's Public Power Corporation (PPC/ΔΕΗ) to BB with a stable outlook, citing improved financial strength and a revised business plan.

AI-Driven Tech Boom Reshapes Markets, Savings, and Investment Strategies
Technologyfazsvenska-dagbladet2mo ago2 sources

AI-Driven Tech Boom Reshapes Markets, Savings, and Investment Strategies

The ongoing tech boom, significantly driven by artificial intelligence, is fundamentally altering personal savings strategies and dominating stock markets. While major IPOs accelerate this trend and pose risks to traditional savings, the AI boom also creates new investment opportunities in other sectors.

PPC Maintains Stable Electricity Prices for June
Businessiefimeridaprotothema-en2mo ago2 sources

PPC Maintains Stable Electricity Prices for June

PPC (Public Power Corporation) has announced stable electricity prices for June, despite uncertainties in international markets. This decision aims to provide consistency for consumers.

EU Commission Approves PPC-Metlen Joint Venture
Businessnaftemporiki3mo ago

EU Commission Approves PPC-Metlen Joint Venture

The European Commission has granted approval for the creation of a joint venture between Public Power Corporation S.A. (PPC) and Metlen Energy & Metals Single Member S.A. under the EU Merger Regulation.

Greek PPC Fiber Expands to Offer Landline Telephone Service
Technologyiefimeridanaftemporiki3mo ago2 sources

Greek PPC Fiber Expands to Offer Landline Telephone Service

The Greek Public Power Corporation (PPC), through its DEI Fiber service, is expanding its offerings to include landline telephone services alongside its fiber internet. This development allows customers to bundle internet and fixed-line telephony from the utility company.

Mitsotakis, Lagarde Attend Kyriakou's Closed-Door Summit
Businessprotothema-en3mo ago

Mitsotakis, Lagarde Attend Kyriakou's Closed-Door Summit

Greek Prime Minister Mitsotakis and ECB President Lagarde are among the high-profile guests attending a closed-door summit meeting hosted by Thodoris Kyriakou in Costa Navarino. The gathering involves discussions with various prominent figures.

Greek Stock Market Shows Mixed Trends Amid Volatility
Worldiefimeridanaftemporiki3mo ago2 sources

Greek Stock Market Shows Mixed Trends Amid Volatility

The Greek stock market is experiencing mixed trends, with some upward movements and increased transaction values, alongside periods of stagnation and signals for extended volatility. Shares for the Public Power Corporation (PPC) notably saw a new rise.

Greek Deputy PM Hadjidakis Criticizes Tsipras Over PPC
Worldnewsbeast3mo ago

Greek Deputy PM Hadjidakis Criticizes Tsipras Over PPC

Greek Deputy Prime Minister Kostis Hadjidakis launched a strong attack against former Prime Minister Alexis Tsipras regarding the Public Power Corporation (PPC). Hadjidakis's statement was a response to Tsipras's earlier comments on the same issue.

Financeekathimerini4mo ago

PPC Announces Sizable Share Capital Increase

PPC (Public Power Corporation) has announced a significant increase in its share capital, indicating a move to strengthen its financial position and potentially fund future growth or investments.

PPC Leads Gains on Athens Stock Exchange
Financenaftemporikiekathimerini4mo ago2 sources

PPC Leads Gains on Athens Stock Exchange

PPC (Public Power Corporation) has emerged as a strong performer on the Athens Stock Exchange (ATHEX), stealing the show on the local bourse. This performance is seen as a positive sign for attracting more investors to Greek companies.

Athens Stock Exchange Reaches 17-Year High
Businessiefimeridanaftemporikinewsbeast1mo ago3 sources

Athens Stock Exchange Reaches 17-Year High

The Athens Stock Exchange has continued its upward trend, reaching new 17-year highs. Buyers remain in control, with strong performances from companies like PPC, Motor Oil, and National Bank.

Greek Stock Market Reaches 17-Year Highs Amid Volatility
Businessnaftemporiki2mo ago

Greek Stock Market Reaches 17-Year Highs Amid Volatility

The Greek stock market is experiencing significant gains, reaching 17-year highs with several blue-chip companies like PPC, Eurobank, Hellenic Petroleum, and GEK Terna achieving new peaks. Despite some volatility, investor confidence remains high, with attention also on the Fed, dividends, and ADMIE.

Catalan PP Proposes Economic Reforms to Rebuild Catalonia
Politicsla-vanguardia2mo ago

Catalan PP Proposes Economic Reforms to Rebuild Catalonia

The Catalan Popular Party (PPC) advocates for moving past years of division to rebuild Catalonia, proposing a major reform to restore economic freedom through a significant reduction in the tax burden for families, self-employed individuals, and businesses.

PPC and MORE Strengthen Renewable Energy Strategy with New Acquisitions
Businessnewsbeast2mo ago

PPC and MORE Strengthen Renewable Energy Strategy with New Acquisitions

The PPC Group (ΔΕΗ) and MORE, a subsidiary of Motor Oil Group, have reached an agreement to acquire 107 MW of wind power and 1.175 GW of photovoltaic assets from PPC Renewables. This strategic move aims to reshape their portfolios and enhance their position in the Greek Renewable Energy Sources market.

Commentary on Switzerland's 10-Million Initiative
Politicsnzz2mo ago

Commentary on Switzerland's 10-Million Initiative

A guest commentary addresses the '10-Million-Schweiz' (10-million Switzerland) initiative, arguing that the fears it evokes are unfounded and that it poses a significant threat to the country's fundamental values.

Greek Political Developments and Business News
Businessprotothema-en2mo ago

Greek Political Developments and Business News

The article discusses new political polls involving Alexis and Nikos, Adonis's political flirtations, Bally's suitcases for London, and various buying and selling activities among shipowners, alongside mentions of PPC, Helsinki, and a Data Center.

New PPC Data Center Established in Kozani, Greece
Businessnaftemporikiekathimerini3mo ago2 sources

New PPC Data Center Established in Kozani, Greece

A new data center belonging to the Public Power Corporation (PPC) has been established in Kozani, Greece. This development marks a significant investment in the region's digital infrastructure.

PPC Receives Strong Investor Confidence with €18 Billion Offers
Businessiefimeridanaftemporiki3mo ago2 sources

PPC Receives Strong Investor Confidence with €18 Billion Offers

Public Power Corporation (PPC) has received a significant vote of confidence from investors, with offers totaling €18 billion for its transformation plan. This follows the largest share capital increase of the decade, marking a new era for the company.

Athens Stock Exchange Sees Renewed Buyer Interest
Financenaftemporikiekathimerini3mo ago2 sources

Athens Stock Exchange Sees Renewed Buyer Interest

The Athens Stock Exchange (ATHEX) experienced a resurgence of buyer interest, with particular focus on certain companies like PPC, CrediaBank, and Europe Holdings, alongside broader attention to the Middle East.

Financeekathimerini3mo ago

PPC Bids Exceed €12 Billion

Bids related to Greece's Public Power Corporation (PPC) have reportedly surpassed the €12 billion mark, indicating significant interest in the entity.

Athens Stock Exchange Suffers Over 1% Losses
Businessnaftemporiki3mo ago

Athens Stock Exchange Suffers Over 1% Losses

The Athens Stock Exchange experienced losses of over 1%, failing to make a comeback despite some positive momentum from PPC. The market remained in a defensive position throughout the trading session.

PPC Shareholders Approve €4 Billion Capital Increase
Businessnaftemporikinewsbeastavgi3mo ago3 sources

PPC Shareholders Approve €4 Billion Capital Increase

The General Assembly of shareholders for PPC (Public Power Corporation) has approved a significant capital increase of 4 billion euros. This decision marks a major financial move for the Greek public utility.

Greek Stock Market Rises Amid Uncertainty
Financeiefimeridanaftemporiki3mo ago2 sources

Greek Stock Market Rises Amid Uncertainty

The Greek stock market's General Index recorded a 0.60% increase, with trading value reaching 113.55 million euros. This rally occurred despite market uncertainty, with ELPE, PPC, and Bank of Cyprus shares performing well.

Athens Stock Exchange Drops Below 2,300 Points
Financenaftemporiki3mo ago

Athens Stock Exchange Drops Below 2,300 Points

The Athens Stock Exchange fell below the 2,300-point mark, despite a weekly gain of 4.2%, as sellers maintained a steady lead. Public Power Corporation (PPC) saw a rally with high trading volume amidst the broader market decline.

Middle East Tensions Persist, Impacting Oil Prices
Worldexpress-tribuneprotothema-en3mo ago2 sources

Middle East Tensions Persist, Impacting Oil Prices

Tensions continue to persist in the Middle East, with reports noting ongoing regional instability. These sustained tensions are influencing global markets, including Brent crude oil prices which remain elevated.

PPC: Tariffs Unchanged for May
Businessnaftemporiki3mo ago

PPC: Tariffs Unchanged for May

PPC (Public Power Corporation) announced that electricity prices will remain unchanged for May, despite ongoing crises in the Middle East and their pressure on international markets.

PPC Unveils Major Growth Plan Featuring Large Data Center
Financenaftemporikiekathimerini4mo ago2 sources

PPC Unveils Major Growth Plan Featuring Large Data Center

Greece's Public Power Corporation (PPC) has announced an ambitious growth plan, with the establishment of a large data center identified as a crucial element. This initiative aims to bolster the company's strategic development and future expansion.