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Alexandroupolis Port Privatisation Attracts Four Expressions Of Interest

Alexandroupolis port privatisation attracts four expressions of interest

Source: Port Authority of Alexandroupolis
Alexandroupolis, Greece (PortSEurope) October 18, 2020 – The Hellenic Republic Asset Development Fund (HRADF), responsible for privatising Greek state-owned assets, has announced that four parties have submitted “Expressions of Interest” for the acquisition of a majority stake of at least 67% in Alexandroupolis Port Authority SA (OLA). They are: Consortium of Cameron S.A., Goldair Cargo AE & Bollore Africa LogisticsConsortium named International Port Investments Alexandroupolis,
composed of the companies Black Summit Financial Group, Euroports-EFA Group & ΓΕΚ ΤΕΡΝΑ Quintana Infrastructure and DevelopmentThessaloniki Port Authority (ThPA) HRADF advisors will evaluate the Expressions of Interest and submit to the Fund’s Board of Directors their recommendation regarding the candidates that qualify for the next phase of the tender (binding offers phase). The Alexandroupolis Port Authority S.A. was granted the right to exclusively use and operate the buildings, land and facilities of the port land-side zone of the port of Alexandroupolis and the fishing shelter of Makri by virtue of a concession agreement with the Hellenic Republic. OLA S.A. also has administrative jurisdiction over the port of Kamariotissa in Samothraki and the Therma fishing shelter of Samothraki. PortSEurope Note: Last July, BlackSummit Financial Group was reported to be interested in both Kavala and Alexandroupolis ports. Thessaloniki Port Authority (ThPA), itself, was privatised on March 23, 2018, and is now operated by South Europe Gateway Thessaloniki (SEGT) Ltd, a consortium, in turn, owned by Deutsche Invest Equity Partners GmbH (47%), Terminal Link SAS (33%) and Belterra Investments Ltd (20%). Quintana Infrastructure and Development is a U.S. holding and operating company. Copyright (C) PortSEurope. All Rights Reserved. 2020.

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