About us
PPC is the leading Powertech Group in Southeastern Europe. At the forefront of the new wave of electrification, the Group plays a pivotal role in Greece’s and the wider region’s digital transition, through strategic investments in energy and technology infrastructure.
The transformation of PPC Group is based on building a clean and flexible energy portfolio, by investing in renewables and phasing out lignite by the end of 2026. At the same time, the Group is investing in the modernization of the grids, leveraging new technologies across all operations, while placing the customer at the center of its commercial strategy.
Regional Energy Champion in Southeastern Europe
In the energy sector, PPC operates as a fully integrated utility Group, with activities in electricity generation, distribution and sale of advanced energy products and services. PPC Group is active in Greece, Romania, N. Macedonia, Italy and Bulgaria. The Group’s total installed capacity stands at 12.5 GW, generating 21 TWh of electricity annually. The installed capacity of RES stood at 6.4 GW as of 30.09.2025, while projects totaling 3.9 GW are under construction, ready to build or in the tender process (bid submission), with an overall project pipeline of more than 20 GW.
The PPC Group holds the largest installed renewable energy portfolio in Greece, with clean energy projects across various technologies - including solar farms, wind parks, hydroelectric plants, and a hybrid power station - as well as several smaller projects throughout the country, both on the mainland and the islands. At the same time, the Group is innovating in Greece and across the Balkans and Southeastern Europe, actively developing projects in all forms of renewable energy - including wind, solar, hydro, geothermal, and biomass/biogas, as well as battery energy storage systems.
Based on its 2026–2028 strategic plan, PPC Group is advancing the development of a technologically and geographically diversified energy portfolio. By 2028, the Group will add 6.3 GW of new renewables in Greece and abroad, targeting 12.7 GW of installed RES capacity, which will represent 77% of its total installed capacity. At the same time, the Group aims to develop 1.5 GW of flexible generation - primarily batteries, gas-fired units, pumped-storage and hydro projects. In energy storage specifically, both stand-alone systems and co-located projects with solar and wind farms will play a key role. Under the updated strategic plan, storage is expected to account for 19% of the Group’s flexible generation by 2028. As for hydropower, it will represent 44% of flexible generation by 2028, with an additional 29 MW of hydro capacity coming online to complement the existing 3.2 GW. Significant pumped-storage capacity is also being developed in former lignite areas, beyond today’s 0.7 GW, with commissioning expected after 2030. The Group is also investing in natural gas units, a technology essential to the regional energy system. In the Kozani region in Northern Greece, the conversion of the Ptolemaida V lignite unit into a 440MW gas unit will start in 2026, while at the same time, construction is progressing on a new 840 MW CCGT plant in Alexandroupolis, in Northern Greece as well. The unit is designed to supply both the domestic market and neighboring countries, including Bulgaria, North Macedonia and Serbia, while its direct connection to the National Transmission System ensures critical export capabilities to Southeast Europe.
PPC holds a 51% share 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 consumers, covering approximately 1/3 of Romania with over 135,000 km of network. The Regulated Asset Base in Greece and Romania stood at €5.6bn at the end of September 2025.
Customer-centric strategy
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. PPC is the largest energy supplier in Greece and among the largest in Romania, serving over 8.6 million customers and delivering 33 TWh of electricity annually, complemented by a broad range of tailored energy-efficiency products and services.
Offering much more than energy, PPC invests in solutions that empower its customers to manage their energy consumption effectively and adopt sustainable practices. Through flexible products and advanced digital service channels, the Group strengthens its relationship of trust with its customers, delivering added value and choices that fully meet their modern needs. PPC’s goal is to meaningfully support its customers in their transition towards an energy future focused on people and the environment.
As part of the new electrification era, PPC continuously invests in integrated solutions and services for its customers, including the expansion of e-mobility through the PPC blue public and private charging network, as well as energy applications for homes and businesses, such as heat pumps and rooftop solar systems. In this way, PPC facilitates the shift towards more efficient and sustainable forms of energy consumption, creating value for both customers and the environment.
Strategic investments in technological innovation
In the technology sector, PPC Group is expanding its strategic presence in critical digital infrastructure through the development of a nationwide fiber optic network via its subsidiary PPC FiberGrid, as well as its entry into the retail telecommunications market with PPC Fiber, which delivers 100% fiber-to-the-home connectivity.
The Group is implementing a series of flagship projects, including the Data Center in Spata (through the Data In Scale joint venture with DAMAC), the East to Med Data Corridor (an international subsea and terrestrial cable system), and the Olympus AI initiative, which provides Artificial Intelligence-as-a-Service (AIaaS). A pivotal element of the Group’s plan in the former lignite regions of Western Macedonia is the creation of a new 300 MW mega data center at the Agios Dimitrios Power Station. This new mega data center, ready for construction as soon as agreements are finalised with the hyperscalers that will utilise it, will be among the largest in Europe.
At the same time, the Group is integrating artificial intelligence as a core component of its new operating model. Beginning in 2025, it is rolling out the AI Reinvention program, one of the most extensive AI adoption initiatives in Greece, with applications across the full spectrum of its activities. The Group is also investing in upskilling its workforce, ensuring that AI becomes an integral part of daily operations and decision-making. In addition, PPC participates in institutional bodies and in European and international research projects—such as RAIDO and EPRI DCFlex—contributing to the broader dialogue on the future of digital technologies. It is also a member of DIGITALEUROPE, the leading European digital policy network.
The PPC Group continues to evolve and is now establishing itself as a modern Powertech organisation, combining energy infrastructure with the capabilities of digital technology. From energy generation and distribution to the development of fibre-optic networks and next-generation connectivity services, PPC invests in critical infrastructure with vision, expertise, and responsibility, supporting the energy and digital transformation of Greece and Southeastern Europe.
Creating shared value for society and the environment
Guided by a strategy focused on sustainable growth, PPC Group integrates responsible environmental and social practices across its operations, creating shared value for society and the environment. The Group’s ESG progress is reflected in upgrades by organizations such as S&P Global, CDP, Sustainalytics, MSCI, and ATHEX ESG, as well as in its participation in the global Science Based Targets initiative (SBTi) for climate action.
Founded in 1950, PPC has been listed on the Athens Stock Exchange since 2001.
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:
1. Βuilding a clean and flexible energy portfolio, by investing in renewables, flexible generation, and lignite phase out by the end of 2026.
2. Expansion and modernization of the grids, leveraging new technologies across all Group operations.
3. Offering tailored energy-efficiency products and services, with the customer at the center of all the Group’s commercial activities.