The signing took place in the presence of the Minister of Finance, Mr. Christos Staikouras.

The company announced the construction of a 70 MW photovoltaic park in Mavrodendri.

The consideration for 100% of the shares of the two companies amounts to €85million.

The European Commission has approved earlier this week the acquisition of joint control of Gastrade

The three main pillars of the plan

There's a general pressure from institutional authoritries to have the existing building stock replaced with zero-emission buildings (net-zero)

The transaction will be in terms of the generalized process of delignitisation that the country has recently adopted.

The new initiative is set to be another part of the current government's strategy to reduce emissions and act as a world leader on green issues.

The SBTi mobilizes companies to set science-based targets and boost their competitive advantage in the transition to a low-carbon economy.