PPC had a strong performance in 2024 with adjusted EBITDA increasing to EUR 1.8 bn, recording an increase of 41% compared to 2023. Dividend proposal increased at EUR 0,40 per share, a plus 60 percent since previous year.
This improvement is driven by the higher contribution of activities in Greece, both in the distribution and the integrated business, as well as the consolidation of the operations in Romania for the full year compared to 2023 and the addition of Kotsovolos in Greece.
Total investments reached EUR 3 bn, with significant increase recorded in Distribution and RES activities. The largest part of these are growth investments, with approximately 85% of total investments allocated to RES, flexible generation, and electricity distribution activities.
Installed capacity in RES stood at 5.5 GW at the end of 2024 from 4.6 GW in 2023 having now reached 6.2 GW following the completion of projects of 0.7 GW. RES installed capacity is expected to significantly increase in the next quarters, since a pipeline of 3.7 GW projects are already under construction.
