Greece’s privatization fund on Monday announced that six different investment schemes have expressed an interest to buy a 66% stake in the Hellenic Gas Transmission System Operator’s (DESFA’s) share capital.
The fund, officially called the Hellenic Republic Asset Development Fund current holds a 31% stake in the operator, with another 35 percent held by Hellenic Petroleum (Hel.Pe), Greece’s biggest petro-chemical group. The two blocs of shares are up for sale.
According to HRADF, the expressions of Interest were submitted by:
- Macquarie Infrastructure and Real Assets (Europe) Ltd.
- SnamS.p.A./ Enag?sInternacionalS.L.U./ FluxysS.A./ N.V. NederlandseGasunie
- TransgazS.A. / GRTgaz S.A.
- RegasificadoradelNoroeste S.A.
- Integrated Utility Services Inc. (INTUS), and,
- Powerglobe LLC
In a relevant press release, it is noted that the fund’s advisors will evaluate the expressions of interest and submit recommendation regarding the candidates that qualify for the next phase to the HRADF’s board of directors.
Read more here.
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