TAIPED

State sell-off fund TAIPED has recorded strong investor interest in the concession of DEPA Infrastructure, the Public Gas Corporation offshoot that includes only the utility's infrastructure and of which 65 percent belongs to the state and 35 percent to Hellenic Petroleum.
The fund expects at least seven to eight bidders in the first stage of the tender.

Greece's privatization agency TAIPED is planning a series of selloffs over and beyond the scheduled sale of 30 percent of the firm managing the capital's international airport and of 100 percent of gas distribution network DEPA Infrastructure in  order for the government to achieve the target set by international creditors of 2.4 billion euros, TAIPED's executive president Aris Xenofos has said

After DEPA Infrastructure, the company that has undertaken the natural gas transmission network, it is now time for the privatization process of DEPA Commercial to start. Sources say that, by Friday, state privatization fund TAIPED will have published an invitation for expressions of interest in the sale of the state's 65 percent stake in the gas trading company.

The government is moving ahead with the utilization of the plot that used to host the US military base at Gournes, near Iraklio on Crete, and is now preparing to decide on the precise position of the island's casino.

Greek privatization fund TAIPED is sticking to its 2.4-billion-euro target for revenues from state asset utilization next year, but the Infrastructure Ministry announced on Wednesday that the submission of offers for Egnatia Odos will be postponed by four months.

State sell-off fund TAIPED is expecting very strong investor interest in the sale of a 30 percent stake in Athens International Airport.

More than five bidders are seen tabling non-binding offers by next Tuesday's deadline, with market sources speaking of as many as eight suitors, although nothing can be taken for granted yet.

The government and state sell-off fund TAIPED have agreed to two simultaneous but not interconnected tenders for the concession of the port authorities of Alexandroupoli (pictured) and Kavala, to be announced in the first quarter of 2020 in the context of the new privatizations program.

The government's Economic Policy Council on Wednesday unblocked the process for the sale of a 30 percent stake in Athens International Airport, in the presence of Prime Minister Kyriakos Mitsotakis.

The government is promoting a new model for the utilization of the 10 regional ports conceded to state asset privatization fund TAIPED, Shipping Minister Yiannis Plakiotakis announced on Wednesday.

The cost of the government's handling of the power interconnection between Crete and Attica and the related clash with the European Commission is rising.