HELLENiQ ENERGY Holdings Sells 35% Stake in DEPA Commercial to TAIPEDE
HELLENiQ ENERGY Holdings has signed an agreement to sell a 35% stake in DEPA Commercial to the Public Asset Utilization Fund (TAIPED), allowing TAIPED full control over the company. This strategic move aligns with TAIPED’s goal of enhancing the state’s energy portfolio and supports HELLENiQ ENERGY’s focus on streamlining its investments. The transaction is valued at €208 million, subject to adjustment based on future financial results and legal conditions.