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Athens Macedonian News Agency: News in English, 16-08-12

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Two fires in Corfu subside, as third one breaks out
  • [02] Power utility says three companies to continue in ADMIE tender

  • [01] Two fires in Corfu subside, as third one breaks out

    Two wildfires that broke out earlier on Friday on the north and south of Corfu were brought under control in the afternoon but a third one has started in the southeast, the head of the local fire department told ANA-MPA.

    Efthimis Georgakopoulos said the first two fires in Linia and Barbati burned some forest and farm land, and efforts are now focusing on the area of Strongyli, which is close to inhabited areas. A team of fire fighters has been dispatched and Pezetel aircraft are throwing water on the flames but strong winds blowing in the area are hindering their work.

    [02] Power utility says three companies to continue in ADMIE tender

    Power utility PPC announced on Friday that three companies out of four that expressed interest will continue in the tender for the sale of a 24 percent stake in power grid operator ADMIE.

    The companies are France's RTE International (on behalf of RTE Réseau de Transport d'électricité), China's State Grid International Development Limited and Italy's Terna Rete Elettrica Nazionale SpA in collaboration with F2i SGR SpA. These companies continue to the second phase of the tender, during which they will be called to submit binding bids.

    HSBC Bank, Citigroup Global Markets and NBG Securities are acting as financial advisors, while Rokas as legal advisor to PPC in the tendering process for ADMIE.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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