The contract for the sale of DEPA Infrastructure was signed by the HRDH and ELPE to Italgas SpA for a total price of 733 million euros.
The share purchase agreement (SPA) was signed by the CEO of HRDH Dimitris Politis, on behalf of ELPE the general manager of Strategic Planning and Development of the group Georgios Alexopoulos and the general manager of Legal Services of the group Elpos and the CEO of Italgas NewCo SRL Pier Lorenzo Dell’orco.
The signatures were made in the presence of the Ministers of Finance Christos Staikouras, Development ‘Adonis Georgiadis, Environment & Energy, Costas Skrekas, the Ambassador of Italy Patrizia Falcinelli, the Chief Executive Officer of the Superfund Grigoris D. Dimitriadis, the Deputy Director Italgas Alberto Dell’acqua and the authorized advisor of HRDH Panagiotis Stampoulidis. Also present were the president of DEPA Infrastructure, Charitonas Kyriazis, and the CEO of the company, Michalis Hatzis.
DEPA Infrastructure was established in April 2020 following the partial split of the infrastructure sector of the Public Gas Company SA. (DEPA). The mission of DEPA Infrastructure is the development of natural gas networks throughout Greece through the EDA and DEDA, ensuring the supply of gas throughout the territory.
Dimitris Politis, CEO of HRDH, expressed his satisfaction with the completion of the agreement within approximately 3 months from the announcement of Italgas as the preferred investor, noting that “the aim of the Fund is to highlight the assets under its management. creating added value from their utilization. Faithful to this philosophy is the current agreement that we signed for DEPA Infrastructure, which we expect to see growing dynamically under the roof of its new shareholder “.
Chr. Staikouras: The sale agreement of DEPA Infrastructure shows the confidence of international business groups in the prospects of the Greek economy
The Minister of Finance, Christos Staikouras, spoke about an agreement that reflects the confidence of international business groups in the possibilities and prospects of the Greek economy after the signing of the agreement for the sale of DEPA Infrastructure.
In particular, the Minister stated the following:
“Today, two years after the start of the tender process, the agreement for the sale of DEPA Infrastructure is completed, for a significant price. As Minister of Finance, I welcome her.
An agreement that reflects the confidence of international business groups in the potential and prospects of the Greek economy. Agreement with one of the largest energy groups in Europe, with particularly increased dynamics and advanced know-how, which is expected to give additional impetus to the development of DEPA Infrastructure and to contribute to the implementation of further investments with a green footprint, while creating new jobs.
I want to thank all those who worked, intensively and methodically, the Management and the executives of HRDH, for this positive result. I hope that the development of the investment will confirm the goal of all of us for the implementation of investments that will be distinguished by economic efficiency and social reciprocity “.
Follow Skai.gr on Google News
and be the first to know all the news
.
