Snam, Enagas and Fluxys are new DESFA stakeholders – Greece, 20 July 2018

The consortium of the European gas companies Snam, Enagas and Fluxys, named Senfluga Energy Infrastructure Holdings SA, is the new owner of the controlling stake in Greek natural gas transmission system operator DESFA, almost six years after the first attempt to privatize the company.
The three companies, which are also shareholders in the Trans-Adriatic (TAP) gas pipeline, signed the contract for the 535 million euros acquisition of 66 % of DESFA (31 % from the state and 35 % percent from Hellenic Petroleum) at the offices of state privatization fund TAIPED, in the presence of the Ambassadors of Italy, Spain and Belgium. The new DESFA stakeholders are committed to implementing infrastructure works of 330.66 million euros by 2023, TAIPED announced.

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