PUBLIC POWER CORPORATION SA

Cyclades Electrical Interconnection

Announcement

 

Cyclades Electrical Interconnection

 

PPCS.A.announces that its 100% subsidiary ADMIES.A., signed today the contracts of the 1st phase of the project "Electrical interconnection of the Cyclades islands with mainland ofGreece», total cost of 232 million euro. This is a project of significant importance for the country's energy strategy, which was at a standstill at least 20 years since the initial studies began.

 

Athens, September 10, 2014