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PPC Group launches joint venture with METLEN for 1,500 MW battery storage in Southeast Europe

PPC Group and METLEN Energy & Metals have agreed to a 50:50 joint venture to develop energy storage of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and Italy. Projects with a combined capacity of 1,000 MW are to be realized within 12 months, using liquid‑cooled two‑hour battery systems based on lithium‑iron phosphate. PPC will contribute project development and energy management, METLEN will handle construction; the facilities will be located close to renewable generation to store surplus energy from PV and wind parks. The partnership aims to expand both companies’ presence in European storage markets and advance PPC’s storage targets for the coming years. » More on de.investing.com

Historical dividends Dividends

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In 2026, Public Power Corp. has already paid €0.60 in dividends. The last payout was in July.

Financials

In the last quarter, Public Power Corp. had revenue of €2.21B and net profit of €117.88M

(EUR)	June 2026	YoY
Revenue	2.21B	1.23%
Gross profit	139.91M	89.94%
Net profit	117.88M	28.13%
EBITDA	283.6M	48.81%

Fundamentals

Metric	Value
Market capitalization	€13.84B
Number of shares	587.36M
52-week high/low	€25.46 - €15.68
Dividend yield	2.57%
Dividends TTM	€0.60
Beta	0.58
P/E ratio	18.41
PEG ratio	0.09
P/B ratio	1.29
P/S ratio	1.44

Company profile

Public Power Corporation S.A., together with its subsidiaries, generates, transmits, and distributes electricity in Greece and internationally. It generates electricity from lignite, natural gas, liquid fuel, wind, hydroelectric, and photovoltaic power plants. The company owns 60 power generating stations; and distributes electricity through 240,100 kilometers of medium and low voltage distribution network. It also owns approximately 162 kilometers of urban fiber optics network. In addition, the company offers financing services. Public Power Corporation S.A. was founded in 1950 and is headquartered in Athens, Greece.

Name	Public Power Corp.
CEO	Georgios I. Stassis
Headquarters	Athens, gi Greece
Website	dei.gr
Sector	Utilities
Industry	Multi-Utilities
IPO	12/12/2001
Employees	20,188