At the AI & Tech Summit 2025 in Brussels, PPC Group’s President and CEO, Mr. George Stassis, unveiled the company’s Chemical Power Group strategy, which aims to drive digital and energy advancement in Europe through a €5.75 billion investment in green energy infrastructure and next-generation mega data centers at its former lignite mines in Greece.
In an interview with Politico reporter James Fernyhough, Mr. Stassis outlined plans to transform Western Macedonia from a lignite-dependent region into a hub for clean energy and AI technology, setting a benchmark for industrial transition across the EU.
“As we witness significant changes in the digital landscape, we recognize the growing interconnection between the digital and energy sectors. The surge in AI demands massive energy production, a challenge that utilities must address. Data centers have such substantial energy needs that they require comprehensive solutions from the utility sector,” he stated.
PPC’s investment in the former lignite areas of Western Macedonia encompasses over 3,000 MW of renewable energy capacity, along with new modern conventional and alternative generation facilities, and 860 MW of energy storage.
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