Public Power Corporation S.A. ("PPC") is the largest generator and supplier of electricity in Greece. Its generation portfolio consists of conventional energy plants, hydroelectric power plants and renewable energy sources, which collectively account for circa half of the electricity produced in Greece. PPC is also majority owner of Hellenic Electricity Distribution Network Operator, which, through its 243,000km of distribution lines, is the sole distributor of electricity in Greece.

PPC is rapidly transforming into a modern and green energy provider and CVC Strategic Opportunities II's ("StratOps II") investment will go towards supporting this process. CVC StratOps II participated in the PPC capital raise as the largest cornerstone investor acquiring a 10% stake.

CVC's Strategic Opportunities strategy invests in high-quality, stable businesses with longer holding periods. The strategy has a core focus on corporate private equity investments with a lower risk profile and often partners with founding families or foundations looking for a long-term partner.