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2 clusters · 20 sources · 8 days · First seen · Last updated

PPC Group European renewable expansion

Overview

In late July 2026, Greek utility PPC Group, through its subsidiary PPC Renewables, bought a 57.5 MW photovoltaic plant near Királyegyházá in southern Hungary from Greenvolt. The transaction also gave PPC an option to acquire a neighbouring 49 MW, four‑hour battery storage project. The solar facility, operating under a 25‑year fixed‑price contract, marked PPC’s first renewable‑energy asset in Hungary and fit its 2026‑2030 plan to double generation capacity across Central and South‑East Europe.

A week later, PPC reported its first‑half 2026 financial results, posting €1.2 bn adjusted EBITDA and €0.4 bn net profit. Renewable capacity rose to 7.3 GW, 58 % of the group’s total, with new storage stations, hybrid PV‑storage projects, and solar parks in Italy, Romania and Bulgaria. The earnings release referenced the Hungarian acquisition and listed further deals – wind farms in Greece, a 51 % stake in developer MORE, and a Polish wind‑solar portfolio – illustrating a coordinated strategy to build a regional clean‑energy platform.

Together, the snapshots trace PPC’s move from a single Hungarian acquisition to a broader operational and financial update that confirms the deal as part of a wider European renewable‑generation and storage expansion.

Entities

EDP Renewables · MORE · PPC Group · Hungary · Greenvolt

Timeline

  1. 9 days ago

    [BUSINESS] 16 sources
    DEI reports €1.2 bn EBITDA and 58% renewable capacity in H1 2026

    DEI posted €1.2 bn adjusted EBITDA, €0.4 bn net profit and €1.4 bn investments, raising renewable capacity to 7.3 GW (58% of total) and announced several Central/Eastern European acquisitions.

  2. 16 days ago

    [BUSINESS] 4 sources
    PPC Group acquires 57.5 MW Hungarian solar plant and secures battery option

    PPC Group bought a 57.5 MW Hungarian solar plant and secured an option for a 49 MW battery, marking its first renewable investment in Hungary as part of a €24 billion growth plan.

Sources

businessdaily.gr · capital.gr · cnn.gr · economix.gr · empregosecarreiras.opovo.com.br · esdnews.com.au · hellenicshippingnews.com · insider.gr · larissanet.gr · m.naftemporiki.gr · mercomindia.com · motorone.gr · newmoney.gr · ot.gr · protagon.gr · serbia-energy.eu · sofokleousin.gr · usay.gr · vg.hu · ypodomes.com