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/