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Snam conquers the Greek Desfa with Enagas and Fluxys

After the advances, the official confirmation: Snam has won the tender for the purchase of 66% of Desfa, the national operator that the Tsipras government must privatise. The tender has a strategic importance for Snam. Alverà:" Italy's central role in energy infrastructure in Europe and the Mediterranean has been confirmed"

Snam conquers the Greek Desfa with Enagas and Fluxys

After the previews of the Greek press, the official confirmations: the European consortium made up of snam, main shareholder with a 60% stake, together with Enagás (20%) and Fluxys (20%), confirms that it has been identified by the Greek privatization agency (Taiped) as the successful tenderer for thepurchase of 66% of Desfa, the national operator in the natural gas infrastructure sector. This was stated in a note from the Italian energy group.

Desfa manages, under a regulated regime, a high pressure transport network of approximately 1.500 km, as well as a regasification terminal in Revithoussa. Snam, Enagás and Fluxys, shareholders of the TAP project, will be able to boost the growth of the Greek natural gas infrastructure system in the coming years, fully exploiting the country's potential as a hub, leveraging the development of the domestic market and new transit initiatives .

The consortium will also be able to transfer technical and operational capabilities to DESFA and develop new uses and sources of natural gas (such as methane for transport and biomethane) to make a decisive contribution to the country's climate-changing emissions reduction process. TAIPED has accepted the offer of 535 million euros for 66% of the capital of DESFA presented by the consortium last week-

“This result – underlines the managing director of Snam Marco Alvera – confirms Italy's central role in the energy infrastructure sector in Europe and in the Mediterranean. We are proud to see Italian technologies and skills of excellence valorised with these operations. With our partners Enagas and Fluxys we have built a strong European industrial consortium with the aim of further developing Desfa, the Greek market, the Energy Union and the entire energy system of Mediterranean Europe, for the benefit of consumers, the competitiveness of businesses, security of supply and decarbonisation”.

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