PPC Group marks its entry into the Polish energy market, one of the most promising and fastest growing clean energy markets in Europe, through an agreement to acquire a portfolio of wind and solar projects with a total capacity of 277.3 MW.
The agreement with EDP Renewables represents another step towards the implementation of PPC Group’s new strategic growth plan for the period 2026–2030, which foresees a dynamic investment program of 24 billion euros, including targets for a capacity level almost double the current one.
The strategic entry into the Polish market further strengthens PPC Group’s leading position across the region and lays the foundation for the creation of an integrated regional clean energy platform, stretching from Greece to Central and South-Eastern Europe. At the same time, it increases the geographical and technological diversification of the Group’s production portfolio, reducing operational risk and maximizing portfolio value.
The acquired portfolio is characterized by high technological diversification and an exceptional revenue profile, with all projects having an estimated operational lifetime of 35 years.
The portfolio includes operational wind projects (130.5 MW): Three operational wind farms located in Ilza (54 MW), Tomaszów (46.5 MW) and Poturzyn (30 MW), with high capacity factor, up to 33%, operational solar projects (44.9 MW): Two solar farms located in Pakoslaw (25.1 MW) and Recz (19.8 MW). These projects offer strong protection against electricity price volatility, benefiting from long-term fixed-price contracts in the first years of operation and projects under development on common grid connections (101.9 MW): Two solar projects, Ilza CP (50.9 MW) and Tomaszów CP (51.0 MW), are expected to become operational in 2029. These projects will use the cable pooling model, sharing the same grid connection infrastructure as the existing wind farms. This technology allows for optimal use of grid capacity, reduces grid connection constraints and offers significant synergies through the complementary generation profiles of wind and solar energy.
The completion of the transactions is subject to the satisfaction of customary pre-conditions for transactions of this type, including, among others, obtaining the necessary approvals from the relevant supervisory authorities.
Polish energy market
Poland is one of the most dynamic clean energy markets in Europe, recording an impressive average annual growth rate of renewable energy of over 17% between 2016 and 2025. The country is implementing an ambitious energy transition program, aiming to achieve over 50% of electricity generation from renewable sources by 2030. At the same time, the introduction of the innovative legal framework for grid pooling from 1 October 2023 creates an exceptionally attractive and secure environment for modern, large-scale investments that optimize the grid infrastructure.
“Just a few days after announcing our entry into the Hungarian market, today we announce our expansion into the very promising Polish market, taking another major step in implementing our strategy for the next growth phase of PPC Group in Central and South-Eastern Europe. As part of our new strategic plan until 2030, we are targeting high-potential markets such as Hungary, Poland and Slovakia, with the objective of developing 2.2 GW of renewable energy and storage projects. By acquiring this highly balanced portfolio of 277.3 MW, we are integrating valuable assets into our portfolio, while expanding our geographical footprint,” said Konstantinos Mavros, Deputy CEO of PPC Group for Renewables.
Accelerating expansion in Central and South-Eastern Europe
To capitalize on significant opportunities across the region, PPC Group is accelerating its growth, aiming to double its total installed capacity to 24.3 GW by 2030, from 12.4 GW in 2025. This will be achieved by accelerating the pace of new capacity additions to 2.4 GW per year, mainly in renewables, flexible generation and storage.
The expansion into Poland represents the Group’s natural geographical growth following its leadership in Greece and Romania, while a broad investment plan is also underway in the other markets in which it operates, including Italy, Bulgaria, Croatia and Hungary. By 2030, 45% of the Group’s installed capacity will be located outside Greece, supported by a balanced energy mix that encompasses all modern generation technologies (solar, wind, hydroelectric, natural gas) and energy storage, ensuring both geographical and technological diversification.
In an era where energy and technology have become critical factors for competitiveness, security and resilience, PPC Group is evolving into a pillar of European market stability, investing in critical energy and technological infrastructure that protects the wider region and generates long-term value.