After eight months of negotiations, the Directorate General for Competition (DG Comp) of the European Commission, has approved a 20-year extension of the concession contract to operate Athens International Airport (AIA), held by AviAlliance, Canadian Investment Fund, Copelouzos Group and the state-owned Hellenic Republic Asset Development Fund (HRADF).
Infrastructure/PPP news in Greece
The General Secretariat for Infrastructure of the Greek government has published Requests for Expressions of Interest (RFEOI) for two road projects in Crete, the largest and most populous of the Greek islands. The combined estimated investment of the projects is EUR1.4 billion (US$1.62 billion).
The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) has selected bidding teams to be invited to participate in the second phase of the tenders for the Egnatia Odos motorway and Alimos marina concession projects.
The European Bank for Reconstruction and Development (EBRD) and the Biomedical Research Foundation of the Academy of Athens (BRFAA), in cooperation with the Public-Private Partnership Secretariat of the Greek Ministry of Economy and Development, have signed an agreement for the preparation of a PPP project to construct a new research centre and renovate an existing building in Athens.
The Marguerite Fund has announced that it has acquired a 10% stake in Fraport Greece, the owner and operator of 14 regional airports in Greece.
Τhe Hellenic Republic Asset Development Fund S.A.(HRADF) has announced the release of an invitation to interested parties to submit expression of interest (EOIs) to participate in an international public competitive bidding tender process for the award of the services concession contract in relation to financing, operation, maintenance and exploitation of Egnatia Odos motorway PPP and three vertical road axes.
The Greek State, through the Minister of Finance, Hellenic Republic Asset Development Fund (HRADF) and Athens International Airport (AIA) have signed the 20-year extension of the Athens international airport concession agreement.
The Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum (HELPE) have shortlisted two investment schemes for the next phase of the tender process for the acquisition of 66% of the Hellenic Gas Transmission System Operator S.A.’s (DESFA) share capital.
Ferrovie Dello Stato Italiane S.p.A. the Italian government-owned holding company that manages infrastructure and services on the Italian rail network, has completed the acquisition of 100% stake in Greek TRAINOSE SA.
Hellenic Republic Asset Development Fund (HRADF) has invited interested parties to submit Expressions of Interest (EOI) to participate in an international public competitive bidding Tender Process for the acquisition of a 66% stake in the Hellenic Gas Transmission System Operator SA (DESFA)
GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, has announced that it has been selected to Develop, Operate and Manage the New International Airport of Heraklion at Crete in partnership with Greek infrastructure major GEK Terna Group. GMR Airports Limited will be the designated Airport Operator in the consortium for this project.
Athens International Airports S.A. (AIA SA) has offered €600 million (US$675 million) for the 20-year extension of the Athens international airport concession agreement.
Hellenic Republic Asset Development Fundlogo (HRADF), Greece’s privatization agency, has issued an invitation for expresion of interest seeking for financial advisors to provide services for the sale of its 30 percent stake in Athens International Airport S.A. (AIA), the company in charge of the Eleftherios Venizelos airport concession in Athens.
The consortium comprised of Deutsche Invest Equity Partners GmbH, Belterra Investments LTD and Terminal Link SAS has been awarded a 67 percent stake in the Thessaloniki Port Authority, after becoming the highest bidder with an offer of €231.9 million (US$251.8 million).
GMR Infrastructure Limited, through its subsidiary GMR Airports Limited (GAL), has submitted along with its partner GEK Terna Group of Greece have placed a bid at €480 million for the construction and operation of the new Kastelli airport project in Heraklion.
Greece has received three binding bids in the privatization process for Thessaloniki Port Authority.
Hellenic Republic Asset Development Fund (HRADF) has announced it will re-launch a new international tender for the sale of a 66% majority stake in Greece's natural gas transmission system operator DESFA this month.
Fraport Greece and its Greek partner Copelouzos Group have finally achieved the financial closure for the privatization of 14 Greek regional airports.
GMR Infrastructure Limited through its subsidiary GMR Airports Limited (GAL), has submitted along with its partner GEK Terna Group of Greece, the only bid for the development, operations and management of New International Airport of Heraklion at Crete Island, Greece.
The Hellenic Republic Asset Development Fund (HRADF) has announced that two investment groups submitted Expression of Interest for the purchase of 100% stake of EESSTY (ROSCO) S.A.