This special interest group is for professionals to connect and discuss all types of carbon-free power alternatives, including nuclear, renewable, tidal and more.

Nick Ferengi's picture
Founder and Editor CAGR Value

Nick is the editor of CAGRValue, a finance blog focused on growth investing, At CAGRValue, we explore the most exciting markets, industries and economies in terms of growth and try to pick out...

  • Member since 2017
  • 44 items added with 78,132 views
  • Dec 7, 2020
  • 625 views

Greece’s Public Power Corp. (PPC) announced on Wednesday that it will spend 3.4 billion euros ($4.11 billion) on its power grid as it looks to phase out all but one of its coal-based plants by 2023.

PPC is the largest utility company in Greece and is largely owned by the government, the government controls 51% of the company’s shares.

This announcement during a presentation to investors which was released on Wednesday, December 2nd, 2020. In the presentation, the company said that out of the 3.4-billion-euro spending, 42 percent of the money will be directed towards upgrading power distribution across the country.

Nick Ferengi's picture
Thank Nick for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »