Brief: MYTILINEOS Signs Strategic Cooperation Agreement With PPC For The Development Of A Solar Portfolio Of Up To 2,000 MW In Italy, Bulgaria, Croatia, and Romania

Metlen Energy & Metals SA

11/04/2024 18:00

April 11 (Reuters) - Mytilineos SA  MYTr.AT :
    * MYTILINEOS SIGNS STRATEGIC COOPERATION AGREEMENT WITH PPC
GROUP
FOR THE DEVELOPMENT OF A SOLAR PORTFOLIO OF UP TO 2,000 MW IN 4
COUNTRIES
    * MYTILINEOS SAYS THE VALUE OF THE DEAL IS ESTIMATED AT UP
TO EUR
2.00 BILLION AND IS EXPECTED TO BE IMPLEMENTED OVER THE NEXT
THREE YEARS
    * MYTILINEOS SAYS THE AGREEMENT REFERS TO APPROXIMATELY 90
SOLAR
PROJECTS OWNED BY MYTILINEOS IN ITALY ROMANIA BULGARIA AND
CROATIA WHICH ARE AT VARIOUS STAGES OF DEVELOPMENT
    * MYTILINEOS SAYS UNDER THE AGREEMENT IT WILL UNDERTAKE THE
DEVELOPMENT AND CONSTRUCTION OF THESE PROJECTS WHICH WILL THEN
BE ACQUIRED BY PPC UPON COMPLETION OF THEIR CONNECTION TO THE
ELECTRICITY GRID


Further company coverage:  MYTr.AT 

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