Announcement

Signing of loan agreement with EIB

Public Power Corporation S.A. announces it signed today with the European Investment Bank the second loan agreement amounting to € 45m within the total loan facility of € 85 m. The European Investment Bank will finance 50% of investments for the reinforcement and the modernization of the Distribution Network across the Greek mainland and islands and enable the national network to better supply renewable energy. 

PPC Group has a long-term relationship with the European Investment Bank, which is a strategic financing partner by supporting the investment program of the Group with respect to projects of major importance for the economy, the Greek consumers, the security of supply of the country and the environment as well.

Athens, June 12, 2018