PPC: New activities aiming at operating profits of 2.7 billion and investments of 10 billion euros

Public Power Corporation (PPC) is planning to add new activities, as part of the company's new business plan inside and outside Greece that was presented at the end of 2024 and the Group's strategic plan for the transformation of the former lignite areas of Western Macedonia into a technological and green energy hub for the country and Southeast Europe.
The business plan for the period until 2027 foresees an increase in operating profits to 2.7 billion euros (from 1.8 billion euros in 2024) and investments totaling 10.1 billion euros.
The changes will be submitted for approval at an extraordinary general meeting of shareholders on April 16. 
The new activities include:
-Electricity storage: The plan for Western Macedonia provides for investments of 940 million euros in storage units, batteries and pumped storage stations, i.e. hydroelectric plants with two reservoirs that will produce energy during times of high demand and store (by raising the water to the upper reservoir) during times of low demand and prices.
-The provision of energy saving services, energy inspections and controls. PPC already provides its customers with the service of issuing energy certificates.
-The provision of entertainment, multimedia and live streaming services, as well as the development, installation and management of smart city applications and lighting systems.

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