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M&A

COPELOUZOS WIND PORTFOLIO

Acquired by

PPC GROUP

GREECE Power Generation EV [100m EUR - 500m EUR] 09/2024

Target

COPELOUZOS WIND PORTFOLIO

Acquirer

PPC GROUP

Context

PPC Group has finalized a strategic agreement to acquire an extensive energy portfolio from the Copelouzos and Samaras groups, a maneuver designed to fundamentally accelerate the group’s renewable transition. The strategic rationale for this transaction centers on a "portfolio-enhancement" play, merging the target's industry-leading technical operational depth in wind and solar generation with the group’s vast integrated utility infrastructure. This fusion effectively creates a specialized powerhouse in the Greek energy arena, providing the organization with the scientific talent and high-performance hardware required to address the increasing demand for decarbonized power and grid stability. This operation allows the group to execute a definitive structural expansion of its renewable capacity, specifically targeting areas with high wind potential and secured network access. By incorporating the target's innovative 1.7 GW pipeline and increasing its control over the Alexandroupolis CCGT unit, the organization can now provide a more robust and integrated solution set for energy exports in Southeastern Europe.

Target

Copelouzos & Samaras RES Portfolio comprises a high-performance energy assets consisting of operational wind parks in high-potential regions and photovoltaic (PV) utility-scale plants. The operational assets include hardware such as high-capacity wind turbines with superior capacity factors and advanced solar array systems. Beyond operational assets, the entity includes a massive development pipeline of renewable energy projects totaling 1.7 GW, encompassing land rights, grid access permits, and environmental licenses for future wind and solar installations. Additionally, the transaction includes a strategic minority interest in a Combined Cycle Gas Turbine (CCGT) thermal plant, providing modern gas-fired power generation technology with high-efficiency turbines designed for grid stabilization. Strategically, the organization focuses on the production of clean electricity and the development of energy infrastructure that supports regional security of supply.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
EBIT
2024
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2023
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Other operations with COPELOUZOS WIND PORTFOLIO

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.