Government plans joint ventures between DEI and private investors

19 March 2016
811 Views

The government is developing power companies that are joint ventures between DEI and private firms, in an effort to avoid having to sell of any production units.

A report in Ta Nea suggests that the initiative came in response to the bailout provision of the Greek state having to reduce its shares in DEI to 50% by 2020 and the fear that the creditors will revive the controversial “mini DEI” plans.

According to the plans DEI will provide at least two production units (one lignite and one hydroelectric), while the private investor will provide existing units and funding. The private investor will also have a majority stake in the joint venture.

You may be interested

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th
GREECE
shares58 views
GREECE
shares58 views

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th

makis - Jan 22, 2021

The experts of the Committee of the Ministry of Health gave the “green light” on Friday for the opening of…

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines
GREECE
shares43 views
GREECE
shares43 views

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines

makis - Jan 22, 2021

PM Mitsotakis’ proposal for a European vaccination certificate, which would facilitate travel without the need for a coronavirus test for…

Crete is the most popular holiday destination for Brits
GREECE
shares56 views
GREECE
shares56 views

Crete is the most popular holiday destination for Brits

Panos - Jan 21, 2021

Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…

Leave a Comment

Your email address will not be published.