Copelouzos Group

Greece-Egypt power link on EU’s list

The European Commission's Directorate-General for Energy (DG Energy) has announced that it has been proposed that the power interconnector planned by Greece and Egypt, dubbed GREGY, be included in the European Union's list of Projects of Mutual Interest (PMI).

The list is expected to be endorsed by the European Parliament and the European Council within the next two months.

Athens airport shareholders clear way for 30% stake sale, says source

Athens International Airport shareholders have given the go-ahead for the sale of a 30% stake in the country's biggest airport by privatization agency TAIPED, a senior official from the agency said on Thursday.

The state-owned Hellenic Republic Asset Development Fund has hired Bank of America, Morgan Stanley and Deutsche Bank to act as advisers on the sale of its stake.

Copelouzos, InfinityPower sign GREGY MoU

Copelouzos Group, through its subsidiary companies Damco Energy and Elica Mediterranean Interconnection, and Infinity Power, a joint venture between Masdar (Abu Dhabi Future Energy Company) and Egypt's Infinity, have signed a memorandum of understanding in order to access, on a non-exclusive basis, the possibility of jointly developing renewable energy projects that will provide the GREGY power

Bulgaria’s Government will leave the Long-Term Gas Supply Decisions to its Successors

The caretaker government will open tenders for the supply of natural gas in the medium and long term as soon as possible. However, the decision to sign treaties will be left to the next regular government. This was announced by President Rumen Radev at a meeting with representatives of the management of the companies Gastrade and Copelouzos Group.

Greece gets nine non-binding bids for stake in gas supplier DEPA Commercial

Greece has received nine non-binding bids for the sale of a 65 percent 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 of Greece's Copelouzos group, the agency said in a statement.

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