“The impressive interest of investors in the share capital increase of PPC clearly proves that the company has turned the page”, said the Minister of Environment and Energy, Costas Skrekas on the occasion of the completion of the public offer for the increase of the share capital of PPC.
“The wide participation of international institutional investors exceeded all expectations, with the total offers exceeding 4 billion euros”, the minister states in a statement and adds: “With the funds of 1.35 billion euros that the company will raise , combined with the revenue from the sale of 49% of HEDNO, will proceed smoothly in the implementation of its strategic planning, will invest in the development of Renewable Energy Sources and electricity storage technologies, while will further accelerate its transformation with the acquisition of green production. of energy beyond the Greek borders.
With these investments, PPC will be able to offer clean energy at affordable prices to households and businesses, while enhancing the country’s energy security. The intense interest of the international investment community for PPC is a practical proof of the strong growth prospects of the Greek economy “.
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Source From: Capital
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