ENERGY

It should also be noted that, according to sources, the goal to reduce greenhouse gas emissions by 55% by 2030 is becoming a legal commitment while the next goals are an 80% reduction by 2040 and zero emissions in 2050. At the same time, polluting sectors, such as buildings, transportation and power plants, will have "emission ceilings" and specific commitments to decarbonize them. 

Over a period of five years, ie until the fiscal year 2026, the company forecasts that profits before taxes from 67 million euros to 924 million euros, marking an increase of 1,279.1%.

Τhere are more and more questions about the level of corporate governance, the way it has been managed by PPC, how consultants managed confidential information and the quality of information reaching the investing public.

The existing shareholders, in the context of the public offering in Greece, will be given the opportunity, as was done in the bank capital increases, to acquire shares that will correspond to their existing stake.

In a teleconference with the Competition Commissioner and Executive Vice President of the European Commission, Margrethe Vestager, the Minister of Environment and Energy, Costas Skrekas, called for faster procedures to approve the format of the new RES tenders.

The creation of a consortium with the aim of developing a portfolio of renewable energy projects in Greece was announced by CeroGeneration (Cero) and Wattcrop. Cero is owned by Macquarie's Green Investment Group portfolio that has invested about 30 billion euros in green projects.

As reported by Business Daily, the ministry is focused on introducing letters of guarantee in order to clear the landscape and leave only those who can really invest.

Fresh blow to the country's efforts to develop its natural resources project after the company's decision to cut off the international investments. Energean is seeking a new partner for the oil search.

Initial Pricing Thoughts for the bond yield was set between 4% and 4.25 percent, while eventually the high demand pushed the yield to 3.875 percent.

The implementation of the institutional framework on protected areas has shown significant differences on the interpretation of the same provisions of the legislation.