Greece receives nine bids for DEPA Commercial privatization
The Government of Greece has received nine bids for the sale of about 65% stake in the dominant gas supplier DEPA Commercial owned by the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum.
The companies that have extended interests in the stake include Shell Gas, Vitol Holding, Power Globe, MET Holding, the Copelouzos Group's unit C.G. Gas Limited of Greece, the joint venture of Hellenic Petroleum and Edison, and a joint venture of Motor Oil and Public Power Corp, Mytilineos and GEK Terna.
Hellenic Petroleum will hold the remaining 35% interest in the company.
DEPA S.A. is a group of companies with a presence in the energy sector, actively engaged in the wholesale market, trading, supply and distribution of gas.
Country updates
-
-
March 04, 2020
HRADF extends the deadline of DEPA Commercial privatization
Hellenic Republic Asset Development Fund (HRADF) has extended the deadline of the invitation in respect of the submission of the Expression of Interest by Interested Parties up to March 23, 2020....
Read more -
February 20, 2020
Sale of the largest renewable energy project in Greece
Hellenic Petroleum Renewable Energy Sources S.A. (ELPE Renewables), the subsidiary of Hellenic Petroleum Group announced the acquisition of a 204 MWp solar photovoltaic park at the final permitt...
Read more -
February 12, 2020
EDPR, PPC to co-develop at least 400 MW of Greek renewable projects
PPC S.A. has signed a Memorandum of Understanding with EDP Renewables (EDPR). According to the MoU, the parties will collaborate for the construction and development of renewable energy projects in Gr...
Read more -
February 11, 2020
Greece's Regulatory Authority for Energy to launch auction for 500 MW renewable energy projects
The Regulatory Authority for Energy (RAE) of Greece is set to launch an online auction of the 500 MW renewable energy projects on April 2, 2020. The documents released have set the maximum allo...
Read more -
January 31, 2020
Valorem enters agreement for 82 MW solar and wind portfolio sale
French wind and solar power developer Valorem has entered into an agreement for the sale of an 82 MW solar and wind portfolio in Greece. Valorem will finance, build, and operate the power plant...
Read more
