Evryo Group
PPC doubles its RES portfolio in Romania
PPC announced on Thursday the completion of the acquisition of Evryo Group's renewable energy source portfolio in Romania, which is controlled by Macquarie Asset Management, boosting further its RES activity in that country.
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PPC announces higher profits, Romanian acquisition
Power company PPC announced Tuesday net profits of €228 million for the first half of 2024, up from €84 million in the same period in 2023. Adjusted earnings before interest, tax and asset depreciation (EBITDA) rose 57%, to €927 million. Managers said the target of €1.8 billion in EBITDA for the whole of 2024 is reachable.
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