The Public Energy Company S.A. (PPC), the biggest electrical energy firm in Greece, has agreed to amass the developer of a 216 MW wind farm situated within the offshore space of Alexandroupolis.
PPC Renewables, the utility’s renewables arm, and the Copelouzos and Samaras Teams have signed an settlement for the acquisition of shares of the corporate THRAKIKI WIND 1 S.A., which holds the technology license for the offshore wind farm.
The settlement supplies that PPC Renewables will turn into the only real shareholder of THRAKIKI WIND 1 S.A.
The fixed-bottom wind farm presently holds a 216 MW technology license and falls into the provisions of article 174 of L. 4964/2022 for the Pilot implementation of Offshore Wind Farms.
The Hellenic Hydrocarbon and Power Sources Administration Firm (HEREMA) has already issued an exploration license pertaining to the maritime space, which extends south of the shoreline of the Evros Regional Unit and north-northwest of Samothrace Island and is outlined as an space for the event of pilot offshore wind farm tasks with a complete capability of 600 MW.
PricewaterhouseCoopers Enterprise Options S.A. (PwC) acted as Monetary Advisor and Vizas – Katrinakis and Associates Regulation Agency as Authorized Advisor to PPC Renewables in reference to the acquisition. Norton Rose Fulbright acted as Authorized Advisor to Copelouzos Group and Samaras Group.
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