Public Power Corporation

Public Power Corporation (PPC) is the largest electricity generation and distribution company in Greece, providing a reliable supply of electricity to households, businesses, and industries throughout the country. Founded in 1950 as a state-owned corporation, PPC has since become a publicly traded company with headquarters in Athens. It plays a crucial role in Greece's energy sector, delivering affordable and sustainable electricity to millions of customers while contributing to the country's economic and social development.

Public Power Corporation generates electricity from a variety of sources, including lignite, natural gas, hydroelectric power, and renewable energy sources such as wind and solar power. It operates a diverse portfolio of power plants and is gradually transitioning towards cleaner and more sustainable forms of energy production. PPC is now made up of three subsidiaries: PPC S.A., the Hellenic Electricity Distribution Network Operator (HEDNO or DEDDIE) S.A., and PPC RENEWABLES S.A. The company distributes electricity to more than 7 million customers in Greece and offers a range of related services such as billing, customer support, and energy efficiency solutions. Moreover, PPC is also involved in various social responsibility initiatives, supporting environmental protection, education, health, culture, and sports.

As of April 2023, Public Power Corporation has a market cap of $3.40 Billion. According to Public Power Corporation's latest financial reports, the company's current revenue (TTM) is $6.34 B. In 2014 the company made a revenue of $7.65 B a decrease over the year 2013 revenue that was $7.93 B. As of 2021, OPAP employs about 12909 people in total.

Founded: 1950
Headquarters: Athens, Greece
Website: https://www.dei.gr/en/