Invitation for expressions of interest for Greece s power distribution network operator
Tuesday, 15 December 2020 23:49
UPD:23:57
Three investment funds controlling major electricity grids in Europe and third countries are reportedly among the interested parties in a coming tender for 49 percent of the Hellenic Electricity Distribution Network Operator (DEDDIE), a fully owned subsidiary of Greece s one-time power monopoly, ATHEX-listed PPC.
The same reports point to initial interest by 10 investors.
An invitation for submission of expressions of interest was posted on Tuesday evening on PPC s webpage, immediately after being approved by the utility s board of directors. The tender process is expected to be completed within 2021.