As a historic milestone that seals international market confidence in DEI’s new business plan, Georgios Stassis described the successful completion of the share capital increase. The statement was made during a special event for the opening of the session at Euronext Athens, which had strong symbolic character, as it marked the official start of trading of the company’s new shares.
Investor response exceeded every historical precedent. Against the initial target of raising €4 billion, total demand soared to €18 billion, sending a resounding message of support for the future of the energy group.
Stassis strategic plan and DEI investments in renewables and data centers
The chairman and CEO of DEI clarified that the new capital will serve as an accelerator for the company’s radical transformation. The focus now falls on implementing the green strategic plan, with extensive investments in Renewable Energy Sources (RES) and modernization of distribution networks. At the same time, DEI is setting sail for its dynamic entry into new, modern sectors, such as telecommunications and data center development.
Mr. Stassis expressed his gratitude to the government and the company’s workforce for their continuous support, characteristically emphasizing that this day constitutes “the starting point of a new, developmental trajectory.”
DEI’s historic share capital increase and the stock exchange “case study”
For his part, the managing director of Euronext Athens, Yiannos Kontopoulos, spoke of the largest share capital increase of the last decade and one of the most emblematic in the history of the Greek capital market. As he noted, this success proves in practice that the Greek stock exchange now has the necessary depth to support business deals of such magnitude.
Mr. Kontopoulos characterized DEI’s course as a classic success “case study,” recalling that the company’s stock market value skyrocketed from approximately €300 million in 2018 to an impressive €13 billion today.
In the same context, the president of the Capital Market Commission, Vasiliki Lazarakou, emphasized that DEI is now rapidly evolving into an energy player of European standards, a fact that upgrades the overall financing prospects of all Greek companies through the markets.
