After Bulgaria and Romania, PPC is also looking for acquisitions in Italy. According to OT information, the management of the group under the president and CEO K. Giorgos Stassis is also scanning the Italian market. He has on the radar, sources say, companies as well as portfolios of Renewable Energy Sources. These include both off-the-shelf and mature-to-develop PV and wind projects.
Italy
The information says that PPC executives have traveled to Italy and made initial exploratory contacts.
Nothing is locked in yet, however the public company wants to build its leadership position in all regions of South East Europe.
Italy is on the radar both because of the existing electrical interconnection with Greece (Arachthos – Otranto) with a capacity of 500 MW and also because the two managers of the countries ADMIE and Terna are also preparing a second electrical interconnection. This will have a power of 1,000 MW and the cable will start from Thesprotia and end in Melendunio.
In this way, PPC will be able to transfer the quantities of green electricity from RES, which it will probably acquire and develop, to the Greek market.
RES and Interconnections
PPC, according to the information, is also in the process of finalizing RES purchase agreements in neighboring Bulgaria as well as additional projects in Romania.
As is well known, for 2026 the Greek company intends to have increased the RES portfolio in the SE Europe region by approximately 1.8 GW. 1.3 GW in Romania and around 500 MW in Bulgaria and Italy.
PPC seeks to utilize the existing but mainly the developing new international electrical interconnections and in this way form a competitive “basket” of prices for clean forms of energy.
It is worth emphasizing that the average wholesale price in Romania and Bulgaria is at 104 euros per MWh, in Italy at 127 euros per MWh and in Greece at 119 euros per MWh, based on 2023 data.
The Greek group is building its leadership position in the Southeast European market by seeking, through electrical interconnections, to control the flow of green electricity for the benefit of the shareholders as well as the Greek economy.
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