Signing of loan agreement with EIB

Signing of loan agreement with EIB

 

Announcement

 

Public Power Corporation S.A. announces that, following the relevant announcement dated 12.10.2018, it signed today a new 20 year loan agreement amounting to € 155m, out of a total approved facility of €255m with European Investment Bank, for the reinforcement and the modernization of the Distribution Network across the Greek mainland and islands.

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 as well as the environment.

 

Athens, January 18, 2019


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