Public Power Corporation

company 1 Deal 1 Partner

Public Power Corporation (PPC) is Greece's largest integrated utility, operating over 10 GW of generation capacity and serving millions of customers. The company is undergoing a significant green transition, divesting lignite assets and rapidly expanding its renewable energy portfolio, with a strategic focus on Southeastern Europe.

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Founded 1950 7,500 employees

UtilityDeveloperOperatorInvestorOfftaker

Strategic Overview

Strategic shift from lignite-based generation to a predominantly renewable energy portfolio by 2030.
Aggressive expansion strategy in Southeastern Europe, aiming to become a leading clean energy player in the region.
Significant investments in grid modernization, digitalization, and energy storage solutions to support the energy transition.

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Deal History (1)

PPC and Metlen launch 1.5 GW battery storage venture in Southeast Europe

Partner Storage Bulgaria, Romania, Italy Mar 9, 2026

Investment Focus

Technologies

Storage1

Geography

Bulgaria, Romania, Italy1

Key People

Georgios Stassis

Chairman & CEO

Alexandros Paterakis

CFO

Track Record

10,000

MW Total

Years Active

Notable projects: Ptolemaida V Power Plant, Large-scale solar parks in Western Macedonia

Detailed Analysis

Technologies

UtilitiesEnergy TransitionSolar PVOnshore WindHydropowerNatural GasLignite/CoalTransmissionDistributionBattery Storage

Geographies

GreeceRomania (1 deal)BulgariaAlbaniaItalySerbiaSoutheastern Europe

Deal Stage

GreenfieldBrownfieldOperating

Deal Structure

AcquisitionJoint VentureProject Finance

Subsidiaries

PPC Renewables (PPCR)PPC S.A.PPC BulgariaPPC Albania

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