September 12, 2017 / 4:19 PM / 2 years ago

Greece to shortlist investors in gas grid sale in coming days - source

ATHENS, Sept 12 (Reuters) - Greece will shortlist investors in a tender for a majority stake in the country’s natural gas grid operator DESFA in the coming days, a source close to the matter said on Tuesday.

Greece has received six expressions of interest for a 66 percent stake in DESFA.

The interested investors are: Macquarie Infrastructure and Real Assets; a consortium of Italy’s Snam, Belgium’s Fluxys, Dutch-based Gasunie and Spain’s Enagas ; Romanian state-owned Transgaz with France’s GRTgaz; Spain’s Regasificadora del Noroeste; U.S.-based Integrated Utility Services; and Qatar-based Powerglobe LLC.

The board of the country’s privatisation agency (HRADF) met on Tuesday but failed to select investors who have qualified to submit a binding bid, an official close to the matter said.

The board asked for clarifications and there will be a decision in the coming days, the official said.

Under its bailout-mandated privatisation scheme, Greece must conclude the sale by the end of the year. The country, in its eighth year of economic crisis, is aiming for 2 billion euros ($2.4 billion) in asset sales this year and 3.5 billion in 2018. (Reporting by Angeliki Koutantou; editing by David Clarke)

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