Public Power Corporation (PPC) is proceeding with a share capital increase of €4 billion.
The move is made in order for the electricity utility to finance its large investment program of €24 billion by 2030.
The Greek state will participate in the capital increase so as to maintain, directly or indirectly, a 33.4% stake in PPC, while the CVC fund will contribute €1.2 billion, increasing its current stake of 10%.