Seven (7) Expressions of Interest were submitted for the Selection of a Strategic Partner in the field of Electricity Production from Geothermal Power Plants

Phase A of the Selection Process regarding the Selection of a Strategic Partner in the field of Electricity Production from Geothermal Power Plants has now been completed.

Seven (7) Expressions of Interest were submitted, indicating the strong interest of the international and local market to partner with PPC Renewables S.A (PPCR) in this unique project for Greece, one of the few high-potential untapped Geothermal Power Plants projects in Europe.

The interested parties that submitted Expression of Interest are:

  • Storengy
  • KS ORKA
  • Enel Green Power Hellas
  • TERNA ENERGY – TERNA AIOLIKI XEROVOUNIOU
  • HELECTOR S.A.
  • Zorlu Energy - TURBODEN
  • MAREN Maras Elektrik Üretim San. Ve Tic. A.Ş.

PPCR will shortly announce the names of the interested parties who meet the pre-qualification criteria and qualify for the Phase B of the Selection Process. During Phase B, eligible partners will be granted access to the terms and conditions of the Selection Process as well as available information about the Geothermal Power Plants Project and the Transaction.

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