The successful conclusion of Public Power Corporation (PPC) share capital increase is a historic milestone and a tangible vote of confidence from the investment community, the company’s Chairman and CEO, George Stassis, said on Tuesday in his speech at the opening ceremony of the Euronext Athens trading session.Today’s trading session was symbolic, as it marked the commencement of trading in the new shares resulting from PPC’s share capital increase, which was completed last week with a remarkable oversubscription.Stassis underlined that investor demand exceeded all expectations and thanked the government and PPC employees for their support.“Today is the beginning of a new journey”He noted that the proceeds from the capital increase will act as a driving force for accelerating PPC’s transformation and investments in renewables, grid modernisation, telecommunications and data centres. “Today is the beginning of a new journey,” he underlined.From 300 million to 13 billion eurosOn his part, the CEO of Euronext Athens, Giannis Kontopoulos, noted that PPC’s share capital increase – the largest of the past decade and one of the largest in the history of the Greek stock exchange – was completed with absolute success, demonstrating that the Greek market has the depth and maturity to support such transactions. He also referred to PPC’s impressive growth, which he described as a case study, noting that the company’s market capitalisation has risen from 300 million in 2018 to 13 billion today.European footprint“PPC is transforming into a company with a European footprint,” Hellenic Capital Market Commission Chair Vasiliki Lazarakou stated.She added that the success of the capital increase demonstrates both investor confidence in the company and the enhanced financing capacity of Greek businesses.