PPC Group has agreed to acquire a 57.5 MW solar photovoltaic park in Hungary, marking its first major entry into the Central European renewable energy market.
The transaction, executed by its subsidiary PPC Renewables, secures revenues over a 25-year period, providing the Greek utility with a stable, long-term income stream in one of Europe's fastest-growing clean energy jurisdictions.
The deal underscores PPC's strategy to diversify its geographic footprint beyond its established strongholds in Greece and Romania.
By targeting Hungary, the company is capitalizing on regional demand for renewable capacity while mitigating the volatility associated with pure wholesale market exposure.
The secured revenue model aligns with the group's broader shift toward balanced risk profiles, combining regulated distribution assets with contracted generation.
This expansion comes as European utilities increasingly seek cross-border opportunities to optimize asset mixes and hedge against domestic regulatory shifts.