Greece's power utility in deal to buy Volterra's renewables portfolio
09/06/2022 16:42
ATHENS, June 9 (Reuters) - Greece's electricity utility
Public Power Corp. (PPC) DEHr.AT said on Thursday it has
agreed to buy the renewable energy portfolio of Volterra, a
fully-owned unit of construction group Avax AVAr.AT .
PPC said the value of the deal corresponds to an enterprise
value of 133 million euros ($141.72 million) and is subject to
regulatory approvals.
($1 = 0.9384 euros)
(Reporting by Angeliki Koutantou and George Georgiopoulos)
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