Deutsch-French consortium wins Thessaloniki Port privatization
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).
As we reported in late March, the government of Greece received three binding bids for the privatization of the Thessaloniki Port Authority. Aside from above-referred winning consortia, the other two teams involved:
- International Container Terminal Services Inc.
- Peninsular and Oriental (P&O) Stream
The winning consortium will have to implement investments of at least €180 million (US$194 million) within seven years.
Thessaloniki Port facilities include a conventional port, container terminal, passenger terminal, duty free commercial area and others. Services provided include unitized and conventional cargoes, coastal shipping and cruise liner passengers, ship anchoring, mooring and berthing, as well as car parking lots and links with the road and railway network.
Country news
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April 24, 2017
One proposal submitted for Greek airport PPP
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.
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March 30, 2017
Greece receives three bids for Thessaloniki Port
Greece has received three binding bids in the privatization process for Thessaloniki Port Authority.
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March 23, 2017
HRADF relaunches tender for the sale of a 66% stake in DESFA
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.
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February 10, 2017
Fraport closes financing for Greek airports
Fraport Greece and its Greek partner Copelouzos Group have finally achieved the financial closure for the privatization of 14 Greek regional airports.
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October 31, 2016
GMR, GEK Terna team sole bidder for Greek airport concession
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. Read more
