Results

Public Power Corporation SA

04/06/2021 | Press release | Distributed by Public on 04/06/2021 10:26

Evaluation of the participants in the first phase of the tendering process for the acquisition of 49% of HEDNO S.A. share capital

Announcement

Public Power Corporation S.A. (PPC S.A.) announces that the evaluation of the first phase of the tendering process for the acquisition of the 49% of the share capital of HEDNO (DEDDIE) has been completed. The Board of Directors of PPC, approved the evaluation of the participants, based on which, the parties who qualify - according to the criteria set in the Invitation for the Expression of Interest - to participate in the second phase of the process are (in alphabetical order):

  • ADRIAN Infrastructure Funds
  • BCI - British Columbia Investment Management Corporation
  • BLACKROCK - BlackRock Alternatives Management, L.L.C
  • CVC Capital Partners - Advisers Company, S.a.r.l.
  • F2i - Fondi Italiani per le Infrastructure SGR S.p.A
  • First Sentier Investors EDIF III GP S.a.r.l.
  • KKR - Kohlberg Kravis Roberts & Co. L.P.
  • MACQUARIE Group Limited
  • OHA - Oak Hill Advisors LLP

In the second phase, qualified parties will conduct due diligence and will be asked to submit binding financial offers for the acquisition of the 49% of the share capital of HEDNO.

Athens, April 6, 2021