CVC Capital Partners IX Supports PPC’s €24 Billion Investment Plan for Renewables, Networks and Data Infrastructure

CVC Capital Partners IX Supports PPC’s €24 Billion Investment Plan for Renewables, Networks and Data Infrastructure

(IN BRIEF) CVC Capital Partners IX has agreed to invest in Public Power Corporation S.A., Greece’s largest renewables-focused and vertically integrated utility, as the sole cornerstone investor alongside the Greek State in PPC’s €4.25 billion Share Capital Increase. PPC operates across electricity generation, distribution and energy products and services in Greece and Romania, while expanding its renewable energy activities in Italy, Bulgaria and Croatia. The company has 12.4 GW of installed capacity, including 7.2 GW in renewables, and serves around 8.6 million retail customers. It is also the sole electricity distribution network operator in Greece and the second largest in Romania, with a combined regulated asset base of €5.7 billion. PPC is pursuing a major €24 billion five-year investment plan aimed at doubling installed capacity to 24.3 GW by 2030, expanding renewable and flexible generation, modernizing distribution networks and developing data centre infrastructure, including a 300 MW facility by 2028.

(PRESS RELEASE) LUXEMBOURG, 29-May-2026 — /EuropaWire/ —  CVC Capital Partners has announced that CVC Capital Partners IX has agreed to invest in Public Power Corporation S.A., Greece’s largest renewables-focused and vertically integrated utility. PPC is listed on the Euronext Athens Stock Exchange and plays a central role in electricity generation, distribution and energy services across Greece and Romania.

Fund IX is participating as the sole cornerstone investor alongside the Greek State in PPC’s €4.25 billion Share Capital Increase. The investment supports PPC’s ongoing transformation into a major clean power-tech and critical infrastructure operator across Central and South East Europe.

PPC operates across electricity generation and distribution, as well as the sale of energy products and services. Its core markets are Greece and Romania, while the group continues to expand its renewable energy presence in Italy, Bulgaria and Croatia. PPC has total installed capacity of 12.4 GW, including 7.2 GW from renewable energy sources.

The company is also a major electricity distribution network operator. PPC is the sole distribution network operator in Greece and the second largest in Romania, with a combined regulated asset base of €5.7 billion. Across its markets, the group serves approximately 8.6 million retail customers.

PPC’s strategic development is underpinned by an announced five-year investment plan of around €24 billion. The plan includes doubling installed capacity to 24.3 GW by 2030, primarily through renewable energy and flexible generation. It also includes expanding and modernizing electricity distribution networks and developing data centre infrastructure, including a planned 300 MW facility by 2028.

Through this investment, CVC Capital Partners IX is backing a utility group with a growing renewables platform, a large regulated infrastructure base and a strategic role in the energy transition across Greece, Romania and the wider region.

Media Contact:

Patrick Humphris
Managing Director, Head of Corporate Affairs
CVC
Tel: +44 204 576 9526
phumphris@cvc.com

SOURCE: CVC