Targeting 10% of shares her, the PPC It will proceed with a new market for the same shares, the group’s CEO, George Stassis, announced when analysts were informed of the results of the first quarter of 2025.
Specifically, the PPC group already has 6% of its shares and wants to get an additional 4% to reach 10%, because it is the best investment they can make, according to him.
It is worth noting that Mr Stassis confirmed this year’s EBITDA target of 2 billion euros, with profits exceeding € 400 million and investment amounting to 3.5 billion euros.
Investments of the First quarter of EUR 500 million mainly concerned the growth of RES, while investments planned for the next three years (2025-2027) relate to the operation of energy storage projects, totaling 600 MW.
PPC currently has 6.2 GW of RES, of which 700 MW were added in the first quarter. The Group’s goal is to reach 11.8 GW in 2027, that is, to add 5.6 GW over the next 18 months.