4 years ago

Keen investors submit expressions of interest for a stake in Athens Airport

Ten investment schemes have submitted expressions of interest for a 30% stake in Athens International Airport (AIA), Greece’s privatization agency announced on Tuesday.

Greece holds a 55% stake in the airport. Germany-based AviAlliance GmbH, owned by Canada’s pension investor PSP Investments, holds a 40% stake in the airport and Greece’s Copelouzos the remaining percentage.

Expressions of interest were submitted by ADP Groupe, APG Asset Management, AviAlliance GmbH, Vinci Airports, Ferrovial international SE, First State Investments, Global Infrastructure Partners and a consortium of Ardian Infrastructure Fund S.C.A., Sicar and Ardian Infrastructure Fund V B S.C.S. SICAV – RAIF, another consortium of KKR-EGIS and a consortium of MEIF 6 Attic Investment, RAFFLES INFRA HOLDING and Chengdong Investment Corporation.

The deadline for the non-binding bids expired yesterday at 3pm. The public-private partnership secured this year a 20-year extension to operate the airport until 2046.

The Hellenic Republic Asset Development Fund advisors will evaluate the aforementioned expressions of interest and submit to the Fund's board of directors their recommendation regarding the candidates that qualify for the next phase of the tender.

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