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SENFLUGA €535 million acquisition of a 66% stake in Desfa

24/7/2018
Private acquisition
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€ 535 million

$ 626 million

Announced

24/7/2018

Overview:

  • SENFLUGA has won the bid to acquire 66% in the Greek natural gas transmission system operator Desfa from Greek state HRADF and Hellenic Petroleum.
  • SENFLUGA Energy Infrastructure Holdings is a European consortium formed by Snam, Enagás Internacional and Fluxys.
  • In 2016 Greek energy ministry cancelled the previous agreement with SOCAR.

Mihail Georgiev - Data analyst

Jurisdiction:

Greece

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Greece

Industry sector:

Oil and gas

Firms:
Clifford Chance

Party: Hellenic Republic Asset Development Fund - HRADF (Seller)

Holman Fenwick Willan

Party: Hellenic Republic Asset Development Fund - HRADF (Seller)

Koutalidis Law Firm

Party: Hellenic Republic Asset Development Fund - HRADF (Seller)

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