Announcement
Public Power Corporation S.A. announces a new 20 year loan agreement amounting to € 100 m., signed on 2.12.2020, out of a total new approved credit line of € 330 m., as announced on 14.10.2020, with the European Investment Bank for the reinforcement and the modernization of the electricity Distribution Network across the Greek mainland and the islands.
PPC Group has a long-standing 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, December 8, 2020