The Minister of Environment and Energy, Costas Skrekas, focuses on the impressive interest of foreign investors in the purchase of PPC shares, in his statements on the occasion of the completion of the public offer for the increase of the company’s share capital.
Specifically, Mr. Skrekas points out the following: “The impressive interest of investors in the share capital increase of PPC clearly proves that the company has turned the page. The wide participation of international institutional investors exceeded all expectations, with the total offers exceeding 4 billion euros. With the funds amounting to 1.35 billion euros that the company will raise, in combination with the revenues from the sale of 49% of HEDNO, it will proceed smoothly in the implementation of its strategic planning. It will invest in the development of Renewable Energy Sources and electricity storage technologies, while it will further accelerate its transformation by acquiring green energy production units 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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