The company’s chairman and CEO, Yannis Karabelas, expressed his satisfaction with the strong investor response to ADMIE Holdings’ share capital increase, emphasizing that it paves the way for the implementation of an extensive investment program in electricity interconnections:
“Today marks an important milestone for ADMIE Holdings and its shareholders. The exceptionally strong response to the Share Capital Increase essentially constitutes a vote of confidence in our strategy, in ADMIE’s growth prospects, and in the critical role the Operator plays in the country’s energy infrastructure.
At the same time, this is yet another strong indication of the favorable investment environment prevailing in Greece, which, since 2019, has been continuously improving thanks to the actions of the governments led by Kyriakos Mitsotakis.
I would like to warmly thank our existing and new investors for their trust and support, as well as the Minister of Environment and Energy, Mr. Stavros Papastavrou, who made every possible effort to ensure the smooth completion of the capital increase.
Now, the conditions are in place for the implementation of one of the largest strategic investment programs for electricity interconnections in Europe, with significant benefits for energy security, the green transition, and long-term value creation for our shareholders.”