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PPC is the leading Greek electric utility, with activities ranging across electricity generation, distribution network operation and supply of electricity to end consumers.
Short Presentation
PPC is the leading Greek electric utility, with activities ranging across electricity generation, distribution network operation and supply of electricity to end consumers. It has a total net generation capacity of 11.1 GW in Greece, including thermal, hydro and RES power plants in the mainland and in the islands. It is also the owner of the electricity distribution network with a Regulated Asset Base of c. € 3 bln, which is being operated by its subsidiary HEDNO S.A. It is the largest electricity supplier, servicing approx. 6.3 million customers across the country.
Going forward, PPC’s strategic priority is the decarbonization of its business through accelerated lignite decommissioning and boosting Renewables investments, claiming a leading role in new Renewables development.
In addition, PPC targets at the digitalization across all business segments. PPC was founded in 1950 and is listed on the Athens Stock Exchange since 2001. In 2019, PPC Group total revenues amounted to € 4.9 bln and total assets to € 13.6 bln, having approximately 15,100 employees.
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