PPC presented in London the most ambitious investment plan in its history—a transformative €10.1 billion program for 2026–2028 that positions the company at the forefront of Europe’s energy transition. The strategy marks PPC’s evolution into a fully integrated PowerTech group, where energy, technology and digital innovation form a single ecosystem.
A striking 93% of total investments will be directed to new projects, from 6.3 GW of new RES across Greece and Southeast Europe to 1.5 GW of flexible capacity including large-scale batteries, modern gas units and hydroelectric projects. The company targets full lignite phase-out by 2026, cutting emissions by 85% compared to 2019, placing PPC among the most advanced green utilities on the continent.
Network infrastructure is also a central pillar. The Regulated Asset Base in Greece and Romania is expected to reach €6.5 billion by 2028, reflecting the crucial role of grids in hosting hundreds of renewable projects, electric vehicles and new digital services.
The economic dimension of the plan is equally ambitious. PPC projects its EBITDA to double from €1.3 billion in 2023 to €2.9 billion in 2028, achieving an impressive 18% CAGR. Despite the heavy investment load, the Net Debt/EBITDAratio remains below 3.5x, as nearly 70% of investments are financed through strengthened operating cash flows—ensuring resilience and balance-sheet stability.
The company also launches one of the most aggressive dividend policies in the European utilities sector. PPC aims to raise its dividend to €1.2 per share by 2028, with a compound annual growth rate of 37%, rewarding shareholders as it accelerates its green expansion.
A key differentiator in PPC’s new strategic cycle is the deep integration of Artificial Intelligence across its operations. AI will support workforce management, customer service, grid optimisation, production planning and new business models—turning PPC into one of the first European energy companies to adopt AI not as an accessory but as a core operational engine.
This three-year plan is not merely a continuation of the 2019 transformation—it is a leap forward. It positions PPC as a regional energy leader with a strong technological profile and transforms Greece into an emerging hub for green and digital energy. For investors, PPC in the 2026–2028 era is no longer just a utility—it is a technology-driven energy powerhouse shaping the future of Southeast Europe.
Enriched analytical highlights (no table)
- Total investments: €10.1 billion for 2026–2028
- Share of new projects: 93% of all investments
- New renewables: 6.3 GW, one of Europe’s largest expansions
- Flexible capacity: 1.5 GW (batteries, gas, hydro)
- Installed capacity by 2028: 12.7 GW, with 77% from clean sources
- EBITDA: €2.9 billion in 2028, almost double 2023
- EBITDA growth rate: 18% CAGR
- Dividend target: €1.2/share by 2028, up 37% per year
- Emissions reduction: 85% vs. 2019
- Full lignite exit: end of 2026
- Net Debt/EBITDA: well below 3.5x
- Operating cash flows funding: 70% of total investments
Source: pagenews.gr