Greece Gets Two Binding Bids in Gas Grid Sale
Greece has received two binding bids for a 66 percent stake in its gas grid operator DESFA, whose privatisation is a key term of its international bailout, the Greek privatisation agency (HRADF) said on Friday.
Bids were submitted by a consortium of Italy's Snam , Spain's Enagas Internacional and Belgium's Fluxys, and a consortium of Spain's Regasificadora del Noroeste (Reganosa), Romania's Transgaz and the European Bank for Reconstruction and Development (EBRD).
Sources had earlier told Reuters that two consortia submitted bids for the stake.
Greece had to receive the binding bids ahead of a euro zone finance ministers' meeting in Brussels on Monday which will assess its bailout progress and decide on disbursing more bailout loans.
HRADF said the evaluation of the bids will start immediately.
Reporting by Angeliki Koutantou
