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Greece’s privatisation agency agreed an extension to the existing concession agreement through November 2046 in order to make the 30% stake on offer ‘sexier and more attractive’.
Both Greek strategic players and foreign investors are showing an interest in the €3bn programme that kicks off in July with an initial 600MW on the block.
The CDP-backed Italian gas utility – along with Belgium’s Fluxys and Spain’s Enagás – has emerged as the preferred bidder for a majority stake in the Greek transmission operator, agreeing to pay €535m.
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