Business Forum • 20 March, 2026 at 7:40 AM
Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
The Greek company invested €2.8 billion, with 87% allocated to renewable energy sources (RES), flexible generation and distribution networks.
The company's renewable capacity grew to 7.2 GW by end-2025, up from 5.5 GW in 2024, representing 58% of total installed capacity. An additional 3.7 GW of projects are under construction or ready for construction. PPC completed its first battery energy storage systems (BESS) with 50 MW in Greece and 9 MW in Romania.
Renewable energy production increased 12% compared to 2024, driven by wind and solar generation which grew 39% and 13% respectively. Coal-fired production fell 16% to 2.7 TWh, representing 13% of total production. The company expects to eliminate coal production entirely by end-2026, marking a critical milestone in its decarbonisation strategy.
"The group's results reaffirm the steady progress made in executing our strategic plan, as well as the continued consolidation of operational and financial performance," said Georgios Stassis, Chairman and CEO of PPC. "We continue to transform the Group, with a clear focus on clean energy development, increasing the flexibility of our energy portfolio and modernising distribution networks through targeted investments."
PPC confirmed its 2026 outlook with adjusted EBITDA expected at €2.4 billion, adjusted net profit of €700 million and a dividend of €0.80 per share. The company proposed a 2025 dividend of €0.60 per share, up 50% from 2024.