AviAlliance and partners are expected to secure 670 million euros from commercial lenders and a European development bank towards the operation of Eleftherios Venizelos airport concession. The concession for Greece's largest and busiest airport will be extended by 20 years under the agreement.
According to reports, the European Investment Bank (EIB) will loan the holding company 250 million euros, with Greece's four systemic banks also taking part as lenders. The rest of the figure, at nearly 600 million euros, will be covered by the company's cash reserves.
Country updates
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October 05, 2018
Athens airport stake to be sold in early 2019
The executive chairman of the Hellenic Republic Asset Development Fund (HRADF) has publicly confirmed that the privatisation agency intends to launch the sale process for its 30% stake in At...
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September 24, 2018
McBains Hellas appointed as technical advisors for biomedical research facility PPP in Greece
McBains Hellas has been appointed to act as technical advisors for a developmental Public-Private Partnership (PPP) project for building a new research centre for the Biomedical Research Foundati...
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September 24, 2018
Greek government issues Letter of Award for US$600 million airport PPP
GMR Group has announced that the Government of Greece has issued Letter of Award to a consortium of GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, and TERNA Group for the developme...
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September 17, 2018
Athens airport concessionaire offers US$1.6 billion for 20-year extension
The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) has approved a new offer for the 20-year extension of the concession agreement of Athens International Airport....
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July 24, 2018
Valuations of the concession extension by independent consultants are reportedly due by 10 August, in a bid to seal the new concession agreement by September or October
