Tuesday, August 8, 2017

Greece: Wide Interest in Developing Geothermal Power Plants

PPC Renewables submits 7 expressions of interest for geothermal power plants in Greece (News Release)

PPC Renewables has completed the submission of the Phase A of the selection process of a strategic partners for electricity generation from geothermal power plants.

Seven 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 Xerovouniuo
  • Helector S.A.
  • Zorlu Energy - Turboden
  • Maren Maras Elektrik √úretim San. Ve Tic. A.S.

PPCR will shortly announce the names of the interested parties who meet the prequalification 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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