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Κυριακή, 22 Απριλίου 2018
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Greece Wraps Up First Round of Bidding for 66% of DESFA

The first round of bidding for 66% of Hellenic Gas Transmission System Operator (DESFA) has been completed, Greece’s Environment and Energy Minister Giorgos Stathakis said on March 29.

“The price offered exceeds € 400 million, which occurred during the previous tender. Bids submitted ranged between the limits set by the two independent evaluators. Then the second round of improved bids will begin and will be completed within a few weeks,” Stathakis said.

The board of directors of Hellenic Republic Asset Development Fund (HRADF) in co-operation with Hellenic Petroleum (HELPE), unsealed on March 29 the binding financial offers for the acquisition of 66% (31% stake owned by HRADF and 35% stake owned by HELPE) of the share capital of DESFA, submitted by the following two investment schemes: The Consortium composed of Italy’s Snam, Spain’s Enagás Internacional and Belgium’s Fluxys; The Consortium composed of Spain’s Regasificadora del Noroeste, Reganosa Asset Investments, Romania’s Transgaz, and European Bank for Reconstruction and Development (EBRD), HRADF said in a press release.

According to the terms of the above tender process, the Fund requested the submission of improved financial offers, which will be assessed at a subsequent meeting of the Board of the Fund, HRADF said.

https://www.neweurope.eu/article/greece-wraps-first-round-bidding-66-desfa/


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