PPC Group is the leading verticalized energy group in South East Europe, with activities in electricity generation, distribution, and sale of advanced energy products and services in Greece, Romania, and North Macedonia. It is the largest power supplier in Greece and Romania, servicing 8.7 m customers in total, providing them with approximately 33 TWh of energy and a wide range of all-around energy solutions, having customers at the center of its commercial strategy.
For more than 75 years, PPC has been at the forefront of Greece’s power industry and an integral part of the country’s process of electrification. PPC is publicly listed in the Athens Stock Exchange since 2001.
PPC is now the largest clean energy company in SEE with 6.3 GW production capacity from renewables and projects of 3.7 GW in the under construction or Ready to build stage, with a project pipeline of over 20 GW.
PPC holds a 51% interest in the Hellenic Electricity Distribution Network Operator S.A., the sole owner and operator of the electricity distribution network in Greece, with over 253,000 km of network. PPC owns the distribution network in Romania in 3 regions of the country, including Bucharest, by far the country’s most important region. It distributes energy to over 3.2 million customers, covering approximately 1/3 of Romania with over 135,000 km of network.
For over 75 years, PPC has been a driving force in the development of our national economy. Its establishment, in August 1950, changed the image of Greece's energy landscape by implementing a particularly crucial national project, the country's electrification. Today, it pioneers and leads the energy transition. Its new strategy plan (with sustainability at its core) aims to achieve carbon neutrality for PPC by 2040, a decade earlier than the European Union and Greece's ambitious objectives.
PPC is changing in the direction of the energy transformation taking place worldwide in the industry, with the aim of playing a leading role in Southeast Europe. It is entering a new phase in which it plans to transform itself into a modern, strongly outward-looking and efficient European energy supply company.
We have a great and long history, but we are now opening a new chapter, creating value for the benefit of the region, the consumers and naturally the environment.
Georgios I. Stassis
Chairman and Chief Executive Officer
PPC Group
The transformation of PPC is based on 3 pillars through which the company’s business plan for the coming years will be implemented:
1. Clean and resilient generation portfolio, through the ramp-up of Renewables investments and the decarbonization of its business with an accelerated phase-out plan of lignite.
2. Modernization of its distribution networks with the application of new technologies across all business activities.
3. Customer-centric retail services.