The 73,291 new shares issued represent approximately 0.05% of the shares that are listed for trading on the Athens Exchange.
The Transaction is part of the wider Sunrise transformation programme of Piraeus, announced on 16 March 2021, and follows the successful closing of the €7.2billion Sunrise I securitization.
More than 70% of the 6.2 million sqm area, will be covered with green parks, lakes, gardens, common and outdoor activity areas.
A key source of financing of the subsidies to consumers is revenue from carbon right auctions and surpluses that the rise in the wholesale price for power generates in the Account for Financing Renewable Energy Sources.
A joint industry paper has been developed by 12 associations, including EPRA, and been addressed to the European Commission