trending Market Intelligence /marketintelligence/en/news-insights/trending/sSKDTNjdZO3CjtOoqBD4rA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Report: Greek utility delays bid deadline for coal plants due to elections

Blog

COVID-19 Impact & Recovery: Energy Outlook for H2 2021

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021


Report: Greek utility delays bid deadline for coal plants due to elections

Greece's electric utility Public Power Corporation SA, or PPC, has pushed back the bid deadline for the sale of three coal-fired power plants because of upcoming elections, Reuters reported.

The bid deadline has been extended to July 15, Reuters reported, citing a PPC filing with the Athens Stock Exchange. The original deadline to sell the coal plants under a post-bailout agreement was May 28. Six investors have expressed interest in purchasing the assets and a license to develop a new plant in the northern part of the country.

The interested investors are identified as Beijing Guohua and Damco Energy SA, China Western Power Industrial Co. Ltd., Sev.en Energy AG and Indoverse Coal Investments, GEK TERNA Holdings Real Estate Construction SA, ElvalChalkor and Mytilineos Holdings SA.

The state holds a 51% stake in PPC.