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Greek utility PPC plans to invest $12 billion on energy transition

Nov 19 (Reuters) - Greece's largest utility company Public Power Corporation (PPC) DEHr.AT plans to invest 10.1 billion euros ($11.70 billion) between 2026 and 2028 to accelerate its energy transition, it said on Wednesday.

The group is also aiming for earnings before interest, taxes, depreciation and amortisation of 2.9 billion euros by 2028, up from 1.3 billion in 2023, and sees dividends rising nearly fivefold to 1.2 euros per share by 2028.

($1 = 0.8636 euros)

 (Reporting by Antonis Pothitos; Editing by Jane Merriman)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))

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