Public Power Corporation (PPC)

Public Power Corporation (PPC) is the largest electricity generation and supply company in Greece and the core of the PPC Group, a vertically integrated utility active across Southeastern Europe. Founded in 1950 and listed on the Athens Stock Exchange since 2001, PPC historically drove the electrification of Greece and today operates along the full value chain of power generation, transmission, distribution and retailing, complemented by natural gas supply and advanced energy services. The Group has a total installed capacity of about 12.5 GW across thermal, hydro and renewable energy sources, generating roughly 21 TWh annually, and serves more than 8.6 million customers in Greece and Romania with around 33 TWh of electricity per year. Its activities span Greece, Romania and North Macedonia, with a growing renewables footprint in Italy and Bulgaria. PPC’s portfolio includes large thermal and hydroelectric plants, extensive wind and photovoltaic assets and a rapidly expanding renewables pipeline of over 20 GW, with 6.4 GW of installed RES capacity as of late 2025 and a plan to reach 12.7 GW of renewables, or about 77% of total capacity, by 2028. The Group controls the majority of Greece’s distribution network through HEDNO and owns distribution networks in three Romanian regions, together representing a regulated asset base of €5.6 billion. Strategic priorities for 2026–2028 focus on accelerating lignite phase-out by end‑2026, developing 1.5 GW of flexible generation including batteries, gas‑fired units, pumped storage and hydro projects, and modernising grids and customer‑centric retail services. Through subsidiaries such as PPC Renewables, PPC FiberGrid, PPC blue e‑mobility and the Kotsovolos retail chain, PPC is also investing in telecoms, data infrastructure, e‑mobility and consumer technology, underpinning its transformation into a combined energy and technology “powertech” group with a strong sustainability and digitalisation focus.