Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Greece's PPC to invest $6.4 billion to create green energy and tech hub
    Finance

    Greece's PPC to invest $6.4 billion to create green energy and tech hub

    Published by Global Banking & Finance Review®

    Posted on April 3, 2025

    2 min read

    Last updated: January 24, 2026

    The image shows the aftermath of an Israeli airstrike in Gaza that claimed the lives of Al Jazeera journalists, including Anas Al Sharif. This tragic event highlights the ongoing conflict and its impact on press freedom.
    Scene depicting the aftermath of an Israeli airstrike that killed Al Jazeera journalists in Gaza - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Greece's PPC to invest $6.4B in Western Macedonia for a green energy hub, including a data center and solar parks, creating thousands of jobs.

    PPC's $6.4 Billion Investment in Greece's Green Energy Hub

    (Reuters) - Greece's Public Power Corporation plans to invest 5.75 billion euros ($6.4 billion) in the country's Western Macedonia region to create a green energy and technology hub for Greece and southeastern Europe, the company said on Thursday.

    The plan includes a 2.3-billion-euro, 300 megawatt data center at the Agios Dimitrios power plant.

    The facility, which would rank among the largest in Europe, could be operational by 2027 and potentially scaled up to 1,000 MW, subject to the level of demand, PPC said.

    The company also intends to invest 1.2 billion euros to develop solar parks on former mining sites in Western Macedonia, providing a combined capacity of 2,130 MW.

    An additional 940 million euros will be allocated for energy storage projects totaling 860 MW.

    PPC said Ptolemaida 5, a lignite-fired power plant, would initially transition into a 350 MW open-cycle natural gas unit by the end of 2027.

    It could then be upgraded to a 500 MW combined-cycle gas turbine, once the investment decision for the data centre is made.

    PPC also plans to invest in Greece's first industrial-scale green hydrogen production unit in the town of Amyntaio through the Hellenic Hydrogen joint venture.

    The new projects are expected to create up to 20,000 jobs during construction and up to an additional 2,000 when in operation, PPC noted.

    ($1 = 0.9011 euros)

    (Reporting by Antonis Pothitos. Editing by Mark Potter)

    Key Takeaways

    • •PPC plans a $6.4 billion investment in Western Macedonia.
    • •A 300 MW data center is part of the project.
    • •Solar parks will provide 2,130 MW capacity.
    • •Energy storage projects will total 860 MW.
    • •Up to 20,000 jobs will be created during construction.

    Frequently Asked Questions about Greece's PPC to invest $6.4 billion to create green energy and tech hub

    1What is the main topic?

    The article discusses PPC's $6.4 billion investment in a green energy and technology hub in Greece's Western Macedonia.

    2What projects are included in the investment?

    The investment includes a data center, solar parks, energy storage projects, and a green hydrogen production unit.

    3How many jobs will be created?

    The projects are expected to create up to 20,000 jobs during construction and an additional 2,000 jobs when operational.

    More from Finance

    Explore more articles in the Finance category

    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    View All Finance Posts
    Previous Finance PostIrish Q1 underlying tax take up 9% ahead of expected Trump hit
    Next Finance PostExclusive-GM to increase truck production in Indiana following Trump's tariffs