A power converter includes at least three booster modules for transferring power at least from an AC input side to a DC output side. Each booster module has a galvanically separated input and output, and can be operated as a power factor correction module. The input of a first booster module is connected to the input side, and its output is connected to the output side for providing a first output current to the output side. The input of a second booster module is connected to the input side, and its output is connected to a buffer capacitor for providing a second output current to the buffer capacitor. The input of a third booster module is connected to the buffer capacitor and its output is connected to the output side for providing a third output current to the output side.