A threefold increase in the net profits of DEI by 2030, to 1.5 billion euros from 0.45 billion euros in 2025, was set as a goal by the company’s chairman and CEO, George Stassis.

Presenting the company’s new 2026–2030 business plan at today’s shareholders’ meeting, which includes investments totaling 24.2 billion euros, Giorgos Stassis emphasized that growth will be based on three pillars.

“First, he emphasized, we are accelerating investments in our core markets, Greece and Romania. We have a strong presence in both countries and are ready to capitalize on the growth of renewable energy and flexible generation over the next five years.

Second, we are expanding our presence in the region, adding Poland, Slovakia, and Hungary to our target countries. The expected increase in demand, the decommissioning of fossil fuel power plants, and limited interconnections are creating system constraints and supporting higher returns on new investments. In this environment, PPC is one of the few players capable of developing large-scale renewable energy projects.

Thirdly, we are making a strong entry into data centers. The first phase is expected to be operational by the end of 2028, while the possibility of expanding to 1 GW remains open, though it is not yet included in the plan.”

Review

Mr. Stassis reviewed the company’s progress since 2019, noting that:

-Since 2019, operating profits (EBITDA), despite the pandemic and the energy crisis, have increased from 0.3 billion to 2.0 billion.

-Over the entire period from 2019 to the present, total shareholder return has reached +866%, compared to +113% for the EuroStoxx Utilities index. This return is based both on the increase in the share price and on the resumption of dividend payments starting in 2024.

The head of PPC also emphasized that 2026 marks a historic milestone, as the phase-out of lignite is completed and PPC becomes a lignite-free company, ahead of many major European groups.

The general meeting approved a dividend distribution for the 2025 fiscal year of 0.60 euros per share, which represents a 50% increase compared to the previous year.