Public Power Corporation S.A. (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. PPC has a total installed capacity of 10.7GW, consisting of thermal, hydro and RES installations with a total annual generation amounting to more than 20TWh, while the Regulated Asset Base of its networks amounts to €4.3bn approximately. PPC Group is the leading supplier of electricity in Greece and Romania, servicing 8.7m customers in total, providing them with approximately 35TWh of energy and a wide range of energy products and services. PPC Group’s Strategic transformation plan is based on three key pillars: (i) 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, (ii) Modernization of its distribution networks with the application of new technologies across all business activities and (iii) Customer centric retail services. PPC was founded in 1950 and is listed on the Athens Stock Exchange since 2001.
$182M sweet spot round size
1950
$182M
from 1 investors over 1 rounds
PPC S.A. raised $182M on July 26, 2019
Investors: Black Sea Trade & Development Bank