The courts in Athens rejected Fund Energy’s request for an injunction against the international contest for the privatization of the DEPA/DESFA group, which began on the 29th of February 2012.

In the trial, TAIPED argued that all decisions are made with the interests of the Greek state in mind, in compliance with domestic and EU legislation and transparency ruled.

Furthermore, the privatization fund supported the credibility of its procedures and claimed that it has treated all contesting parties equally and with transparency.

In the next phase of the privatization contest, the 14 prospective investors must submit indicative offers for the state natural gas companies.