Greece's biggest power utility PPC
applied for a loan with the Loans and Consignment Fund, a state-run bank, as
part of efforts to roll over its debt, two sources familiar with the deal said
on Monday.
"It is
a 130 million euro, three-year loan," one of the two officials told
Reuters. PPC could not immediately comment.
Greece's
electricity companies have faced mounting funding pressures as a result of the
debt crisis and there have been fears of power cuts if they cannot pay
international suppliers.