Sterner Stenhus close acquisition of Greek school projects
Sterner Stenhus has acquired the group of 10 school projects implemented under the Public-Private Partnership (PPP) scheme from Avax.
The EUR52.6 million (US$57.59 million) project serves more than 2,000 students in the municipalities of Athens, Heraklion, Oropos and Megara Attica.
The project was financed by Avax and a long-term loan of EUR33.4 million (US$36.6 million) from the European Investment Bank (EIB) and the European Union's Jessica program.
With the closing of the deal, Sterner Stenhus is left with 22 years of remaining concession of the project.
Country updates
-
-
September 18, 2019
HRADF moves deadline for Athens Airport stake sale
Hellenic Republic Asset Development Fund (HRADF), a Greek privatization fund, has extended the deadline for the submission of expressions of interest for a 30% stake sale in Athens International...
Read more -
September 16, 2019
HRADF sets to sell stake in Hellenic Petroleum
The Hellenic Republic Asset Development Fund (HRADF) is set to launch the sale of a 35.5% stake in the Greek oil company Hellenic Petroleum. Hellenic Petroleum, established in 1998, is one of th...
Read more -
August 12, 2019
HRADF signs Operation of Chios Marina concession
The concession agreement of the right to use and exploit the marina of Chios for a duration of 40 years to “Marina Chios SA” the SPV company set up by the Preferred Investor scheme “...
Read more -
July 09, 2019
Five companies submitted proposal for Greece motorway project
The Government of Greece through the Ministry of Infrastructure and Transport has received five bids from companies for the design, construction, financing, operation, and maintenance of the ...
Read more -
July 02, 2019
Greece launches EOI for 30% stake in Athens Airport
Hellenic Republic Asset Development Fund (HRADF) in Greece has launched an Expression of Interest (EOI) to participate in an international tendering process to acquire 30% stake in Athens Interna...
Read more
