PPC head invites US investors to join data center development in Western Macedonia

Public Power Corporation (PPC) President and CEO Giorgos Stassis called on United States investors to collaborate on building data centers in Greece, at an event organized by the German Marshall Fund (GMF) and the Center of Strategic and International Studies (CSIS) in Athens on Monday.

The "Geopolitics, Connectivity and Energy Security: An Athens Conversation" (also offered live online) focused on "a conversation on the shifting geopolitical landscape and its impact on transatlantic energy and climate policy," according to the GMF.

"In 2022, the United States supplied Europe with liquefied natural gas to deal with the European crisis of energy supply and security. Today, Europe and the United States have the opportunity to collaborate on developing data centers, in order to ensure they will be at the cutting edge of technological process in an increasingly more digital world," Stassis underlined.

He also reiterated PPC's intention to develop a large-scale data center at the land formerly used by the coal-powered electricity plants in Western Macedonia.

Recent geopolitical and energy crises, the PPC head said, have "made clear Europe's priorities to acquire strategic autonomy in parallel with boosting European competitiveness. Taking into account the priorities of the new government in the United States, we might need to reexamine the alliance through the angle of business collaborations to security mutual benefits."

PPC's role, Stassis concluded, is to show how regional collaboration can be aligned with wider transatlantic goals, and to ensure that Greece and the US face challenges jointly and create opportunities for development and innovation jointly as well.
 

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