Important events of the last four years

18.1.2023

EIB financing to PPC Renewables for a PV portfolio of 230MW

26.1.2023

RWE and PPC take the final investment decision to build 5 solar projects with total capacity of 210 MW in Western Macedonia, Greece

15.2.2023

Conclusion of the acquisition of wind and photovoltaic parks of 46MW total capacity

24.7.2023

PPC signs agreement for the acquisition of an 84 MW wind farm in Romania

31.7.2024

RWE and PPC take final investment decision to build photovoltaic projects with total capacity of 280MW in Greece

11.8.2023

PPC Renewables awarded an investment grant and operating aid for energy storage stations with a capacity of 98 MW

25.10.2023

PPC finalized the acquisition of Enel’s Romanian operations

26.10.2023

PPC completes the acquisition of the minority equity stakes of Fondul Proprietatea S.A. in Retele Electrice Muntenia S.A., PPC Energie Muntenia S.A., Retele Electrice Dobrogea S.A., Retele Electrice Banat S.A., and PPC Energie S.A.

3.11.2023

PPC signs agreement for the acquisition of Kotsovolos

20.12.2023

Strategic Partnership between Intrakat – PPC Renewables for the development of a RES portfolio with a total capacity up to 2.7 GW

27.12.2023

Agreement between PPC Renewables and the Copelouzos and Samaras Groups for a 216MW Offshore Wind Farm at the offshore area of Alexandroupolis

13.1.2022

Memorandum of Understanding between PPC S.A. and Motor Oil (Hellas)

21.1.2022

Signing of MoU for the financing of the development of a Fiber To The Home Network

24.2.2022

Absorption of subsidiary companies “Lignitiki Megalopolis Sole Shareholder S.A.” and “Lignitiki Melitis Sole Shareholder S.A.”

28.2.2022

Completion of the sale of 49% of HEDNO share capital to Macquarie Asset Management - New BoD composition at HEDNO

9.6.2022

Agreement for the Sale and Purchase of RES portfolio of Volterra from PPC Renewables

8.7.2022

Establishment of Joint Venture between PPC and MOTOR OIL

27.7.2022

Shareholders’ agreement to set up a joint venture for the “East Med Corridor” project

4.8.2022

PPC commits to the Science Based Targets Initiative (SBTi) joining the efforts for limiting global warming to 1.5°C

20.9.2022

Establishment of an own share Buyback Programme

27.10.2022

Approval from Hellenic Competition Authority for the set-up of the company HELLENIC HYDROGEN S.A with MOTOR OIL

15.12.2022

PPC enters exclusive negotiations with Enel on acquisition of all Romanian operations of Enel

22.12.2022

Acquisition of a majority stake in “Ilektroparagogi Alexandroupolis Single Person S.A.”

22.12.2022

Signing of agreement for the acquisition of wind parks of 44MW total capacity and of PV plants of 2MW capacity

23.12.2022

In principle agreement between PPC Renewables and Mytilineos for the construction and purchase of a portfolio of PV projects of a 210MW capacity in Romania

• Head of Terms Approval for the cooperation between PPC Renewables S.A. and RWE Renewables GmbH (February 2021)
• Successful pricing of Sustainability-Linked Senior Notes due 2026 (March 2021)

• Successful pricing of its €125 million 3.875% Sustainability-Linked Senior Notes due 2026 with issue price at 100.75% and implied yield of 3.672% (March 2021)

• Signing of a Bond Loan Agreement by Iliaka Parka Dytikis Makedonias 1 S.A., a 100% subsidiary of PPC Renewables S.A. (April 2021)

• Signing of transaction documents for the 90 days past due receivables securitization program (April 2021)

• Signing of loan agreement with EIB (June 2021)

• Financial closing of past due receivables securitization transaction (June2021)
• Signing of a Bond Loan Agreement by Iliaka Parka Dytikis Makedonias 2 S.A., a 100% subsidiary of PPC Renewables S.A. (July 2021)

• Pricing of €500 million Sustainability-Linked Senior Notes due 2028 (July 2021)

• Signing of a loan agreement (August 2021)

• Agreement between the Hellenic Republic and the EC for the case of exploitation rights of lignite (September 2021)

• Preferred bidder for the sale of 49% of HEDNO S.A. share capital (September 2021)

• Agreement for the formation of JV between PPC Renewables and RWE Renewables (October 2021)

• Cornerstone Agreement with Investor in connection with Share Capital Increase (October 2021)

• Agreement with Macquarie Asset Management for the sale of 49% stake in HEDNO (October 2021)

• Updated Strategic Plan (November 2021)

• Outcome of the offering of New Shares for the Share Capital Increase of PPC S.A. (November 2021)

• Announcement regarding the admission to trading of the new shares issued pursuant to the share capital increase and for the use of proceeds (November 2021)

• Initiation of procedures for the absorption of subsidiary companies “Lignitiki Megalopolis Sole Shareholder S.A.” and “Lignitiki Melitis Sole Shareholder S.A.” (December 2021)

• Signing of a loan agreement (December 2021)

• Formation of Joint Venture between PPC Renewables S.M.S.A. and RWE Renewables GmbH (December 2021)

• Initiation of Own Share Buyback Program (December 2021)

• Signing of MoU between PPC Renewables S.A. and EDP Renewables. According to the MoU, the parties will explore the possibilities of collaboration for the construction and development of RES projects in Greece. – February 2020
• Signing of the second 20-year loan agreement with the European Investment Bank, amounting to €100m, out of a total approved facility of €255m, for capex during the period 2017-2020 for the reinforcement and the modernization of the Distribution Network across the Greek mainland and islands. – February 2020
• Signing of MoU between PPC S.A. and RWE. According to the MoU, the parties will pursue potential collaboration in order to exchange knowhow in decarbonization as well as in the development and implementation of renewable energy projects in Greece. - March 2020
• Approval of Market Making Capacity to PPC SA. - March 2020
• Signing of MoU between PPC and the following companies ΑΒ VASSILOPOULOS, ΒΕΑΤ and Fraport Greece for the development of electromobility in Greece. – June 2020
• Signing of loan agreement with EBRD, unsecured facility of €160 m, with a 2-year tenor, to support PPC’s operations during the Covid-19 pandemic. – August 2020
• Financial closing of receivables securitization transaction with an initial drawdown of €150 m of its €200 m signed securitization facility with JP Morgan Chase Bank as investor and PPC Energy Finance DAC as Issuer. – November 2020
• Signing of loan agreement with EIB amounting to €100 m., out of a total new approved credit line of €330 m., for capex during the period 2021-2023 for the reinforcement and the modernization of the electricity Distribution Network across the Greek mainland and the islands. – December 2020
• Invitation to submit an Expression of Interest for the sale of a minority stake of PPC’s participation in HEDNO’s share capital. – December 2020