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> Economy

Stassis: How we will invest €5.75 billion in green energy infrastructure and mega data centres

What the head of PPC said at Politico's AI&Tech Summit

Newsroom May 14 03:50

The PPC Group’s Chemical Power Group strategy to support the digital and energy empowerment of Europe through €5.75 billion of investments in green energy infrastructure and next-generation mega data centers at the company’s former lignite mines in Greece, was presented by PPC Group President and CEO, Mr. George Stassis, speaking today at the AI & Tech Summit 2025 conference organized by Politico magazine in Brussels.

During an interview with Politico reporter James Fernyhough, the CEO of PPC presented the strategic plan for transforming Western Macedonia from a lignite-based region into an energy and technology hub for clean energy and AI infrastructure that could serve as an example for industrial transition across the EU.

“Watching the huge transformation underway in the digital world, we see an increasing interdependence of the digital world with the energy world. The evolution of AI, which requires much more energy production on a massive scale, is an issue that needs to be resolved and addressed by utilities. The needs of data centers are so great that they require utility industry-wide solutions,” he said.

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PPC’s €5.75 billion investment plan in the former lignite lands in Western Macedonia includes more than 3,000 MW of installed capacity from renewable energy sources, new modern conventional and alternative generation plants and 860 MW of storage.

 

 

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