Helleniq seeking "clean solutions" on Greek gas company stake

HELLENiQ ENERGY Holdings

01/09/2023 10:55

ATHENS, Sept 1 (Reuters) - Helleniq Energy  HEPr.AT 
would consider either acquiring full control of Greece's biggest
gas supplier DEPA Commercial or fully disinvest from the
company, its top manager said.
    Helleniq holds a 35% stake in DEPA with Greece's
privatisation agency HRADF owning the rest. Greek media have
reported that HRADF was considering selling shares of DEPA
through the Athens Stock Exchange instead of looking for a
strategic investor.
    HRADF would not comment on the reports.
    "Our strategy is that we want to have clean solutions,"
Helleniq's Chief Executive Officer Andreas Shiamishis told an
analysts conference call late on Thursday.
    "We have announced and committed that if DEPA is sold, we
would rather consider buying all of it ... or dispose of our
35%. That strategy hasn't changed," he said.
    Greece launched a tender to sell DEPA in 2020 but then
postponed the sale, citing litigation issues.

 (Reporting by Angeliki Koutantou; editing by David Evans)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))