PPC S.A. Information

Public Power Corporation S.A. (PPC) is the leading Greek electric utility, with activities in electricity generation, distribution network operation and supply of electricity to end consumers. It is the largest power generation company in Greece with a total capacity of 11.2 GW including thermal, hydro and RES power plants. It holds 51% interest in the Hellenic Electricity Distribution Network Operator S.A. which is the sole owner and operator of the electricity distribution network of Greece with a Regulated Asset Base of c. € 3 bn. PPC is the leading electricity supply provider in the country, servicing c. 5.6 m customers. PPC is re-inventing itself in order to be aligned with the energy transition through the implementation of its strategic priorities by (i) proceeding to the decarbonization of its business through accelerated lignite phase out plan and a ramp-up of Renewables investments, (ii) focusing on digitalization and operational efficiency applying new technologies across all business activities and (iii) pursuing areas of additional growth through customer centricity undertaking at the same time a leading role in the development of e-mobility in Greece. PPC was founded in 1950 and is listed on the Athens Stock Exchange since 2001. PPC Group total annual revenues in 2022 amounted to c. € 11.3 bn and total assets to € 19.5 bn, having approximately 12.8k employees.