PPC is the leading South East European electric utility, 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 8.8 m customers in total, providing them with approximately 33TWh of energy.
For more than 70 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 4.7 GW production capacity from renewables and projects of 2.8 GW in the under construction or Ready to build stage with a project pipeline of 20 GW.
PPC holds a 51% interest in the Hellenic Electricity Distribution Network Operator S.A., which is the sole owner and operator of the electricity distribution network in Greece, with over 249,000 km of network. PPC owns in Romania the distribution network in 3 regions of the country, including Bucharest, by far the country’s most important region. It distributes energy to over 3.1 million customers, at approximately 1/3 of Romania with over 134,000 km of network.
For 70 plus years PPC has been a driving force for the development of our national economy. Its establishment, in August 1950, came to change the image of the energy landscape of Greece through the implementation of a particularly crucial national project, the electrification of the country. Today, it pioneers and leads the energy transition, through its transformation and its new strategic plan, in full alignment with the ambitious 2050 climate neutrality goals of the European Union and Greece.
PPC is changing in the direction of the energy transformation that is taking place worldwide in the industry, with the aim of playing again 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.