Public Power’s Plans to Buy BCI Wind Projects at Standstill, Euro2day Says

Public Power Corp SA (PPC), Greece’s biggest electricity producer, may cancel plans to acquire wind parks from Saudi Arabia-based BCI Group of Companies, euro2day.gr reported.

No binding deal has been reached and negotiations for the plan, under which Public Power’s PPC Renewables unit would acquire the wind farms, are frozen, the Athens-based news site said, without citing anyone.

To contact the reporter on this story: Natalie Weeks in Athens at nweeks2@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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