Greece says GEK Terna the highest bidder in Athens ring road concession

Metlen Energy & Metals SA

07/09/2023 12:02

ATHENS, Sept 7 (Reuters) - Greece's privatisation agency
HRADF said on Thursday that GEK Terna  HRMr.AT  offered the
highest price out of six bids for a 25-year concession to
operate a major Athens toll road.
    HRADF said it would now assess the offers in line with the
terms of the tender process before naming a preferred bidder. 
    GEK Terna offered 3.27 billion euros ($3.5 billion), HRADF
said in a statement.
    The agency had shortlisted six bidders to operate the 70-km
(44-mile) Attica Motorway ring road after 2024.
    The other shortlisted investors were Abertis
Infraestructuras; Aktor Concessions  HELr.AT  jointly with Avax
 AVAr.AT ; a joint venture by Brisa and Auto Estradas de
Portugal; Macquarie; and a partnership of Vinci  SGEF.PA  and
Mytilineos  MYTr.AT .
    Greek construction groups Ellaktor  HELr.AT  and Avax
 AVAr.AT  will operate the ring road until 2024.
    ($1 = 0.9341 euros)

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