Greek PPC: 44MW wind farms are acquired by PPC Renewables

PPC Renewables was declared the preferred investor in the framework of the Piraeus Equity Partners competition.

In particular, the sale agreement (SPA) of the shares of companies that own operating wind power plants with a total capacity of 44 MW and photovoltaic parks with a capacity of 2 MW was signed. The transaction was carried out through a competitive process, with the participation of Greek and international investment companies, in which PPC Renewables was deemed the preferred investor.

Greek PPC: Acquisition of a majority stake in “Alexandroupolis Power Generation”

The completion of the Transaction is subject to the usual conditions and approval procedures.

Grant Thornton acted as financial advisor and KLC Law Firm as legal advisor to Piraeus Equity Partners. The PPC Renewables team was supported in this transaction by Eurobank, through the Investment Banking department as financial advisor, Reed Smith as external legal advisor, KPMG as accounting and tax advisor and TÜV Austria Hellas as technical advisor.

The announcement at the Stock Exchange

PPC S.A. informs that in the context of a competition by Piraeus Equity Partners, its subsidiary company PPC Renewables was declared as a preferred investor.

In particular, the agreement for the sale of the shares (SPA) of companies that own operating wind power plants with a total capacity of 44 MW and photovoltaic parks with a capacity of 2 MW was signed.

The transaction was carried out through a competitive process, with the participation of Greek and international investment companies, in which PPC Renewables was deemed the preferred investor