Standard & Poor's raised Public Power Corporation’s (PPC) credit rating to B- from CCC+ with a stable outlook, following a decision to raise the Hellenic Republic’s credit rating.

Chinese investors have expressed interest in participating in Greece’s energy company PPC’s share capital on the sidelines of the Greek Prime Minister Kyriakos Mitsotakis’s visit to Shanghai.

Environment and Energy Minister Kostis Hatzidakis will present on Thursday the measures for the modernization of the Public Power Corporation (PPC), the privatisation of the Gas Corporation (DEPA) and the support of the Renewable Energy Sources following a discussion in the cabinet meeting.