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PPC Group

company 2 Deals 2 Partners

PPC Group (Public Power Corporation S.A.) is the largest electricity producer and supplier in Greece, undergoing a significant transformation towards green energy. Its strategy involves divesting lignite assets, investing heavily in renewable energy sources, energy storage, and expanding its presence in Southeast Europe, aiming to become a leading clean energy utility in the region.

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Founded 1950 7,500 employees
UtilityOperatorDeveloperInvestor

Strategic Overview

  • PPC is undergoing a significant green transformation, aiming to phase out lignite-fired power generation and become a leader in clean energy in Southeast Europe.
  • The company is actively pursuing international expansion, particularly in the Balkans and Italy, through acquisitions and greenfield renewable energy projects.
  • Digitalization and energy efficiency are key pillars of PPC's strategy, alongside renewable energy development and grid modernization.

Deal Activity from Public Sources

PPC Group completes the acquisition of Enel Romania's electricity supply, distribution, and renewable energy assets.
Acquisition Solar PV, Onshore Wind, Electricity Distribution, Electricity Supply Romania October 2023 with Enel S.p.A.

Investment Focus

Technologies
Storage2
Geography
Romania, Bulgaria, Italy1
Italy1

Key People

Georgios Stassis
Chairman & CEO

Track Record

74
Years Active
Notable projects: Acquisition of Enel Romania assets, Development of large-scale solar parks in Greece (e.g., Ptolemaida)

Detailed Analysis

Technologies
Solar PVOnshore WindHydropowerBattery StorageTransmissionElectricity DistributionThermal Power
Sectors
UtilitiesEnergy Transition
Geographies
GreeceAlbaniaRomania (1 deal)BulgariaItalySoutheast Europe
Deal Stage
GreenfieldBrownfieldOperating

Subsidiaries

DEDDIE (Hellenic Electricity Distribution Network Operator)PPC Renewables S.A.PPC Albania Sh.A.PPC Romania S.A.
Track PPC Group