RWE and PPC to form a joint venture.

RWE, a German multinational energy company, and Public Power, a public electric utility company, are set to form a joint venture to realise renewable energy projects. Financial terms were not disclosed. “PPC is committed to leading the energy transition in the country. Our extroversion is essential for the group’s transformation. Together with strong partners we are on track to meet our ambitious targets and drawing our own green deal. Today marks a significant milestone in our journey, we welcome RWE to Greece and look forward to co-developing projects of unprecedented scale in the country," Konstantinos Mavros, PPC CEO.