Greece Gets 9 Non-binding Bids for Stake in Gas Supplier DEPA Commercial

Source Reuters
Company VitolDEPAEdison InternationalHellenic PetroleumMET Holding AGRoyal Dutch Shell 
Tags Deal Rumours, LNG & Gas Storage/Processing
Date March 23, 2020

Greece has received nine non-binding bids for the sale of a 65% stake in its dominant gas supplier DEPA Commercial, its privatisation agency said on Monday.

Investors who have expressed an interest in the stake include Shell Gas, Vitol Holding, Power Globe, MET Holding and C.G. Gas Limited, the agency said in a statement.

The other bidders are a joint venture of Hellenic Petroleum and Edison, a joint venture of Motor Oil and Public Power Corp, industrial group Mytilineos and contractor GEK Terna, it added.  

Source: EvaluateEnergy® ©2020 EvaluateEnergy Ltd