The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, convened today and proceeded to the unsealing of the improved financial offer submitted by ITALGAS SpA, for the acquisition of 100% of the share capital of DEPA Infrastructure S.A., a joint sale with Hellenic Petroleum S.A. (HELPE).

The improved financial offer envisages an upfront payment of €733 million. HRADF’s Board of Directors accepted the offer and declared ITALGAS SpA as the Preferred Bidder. The Board of Directors of HELPE has also accepted the above offer.

Check the Preferred Bidder on the attachment below