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Greece Seeks Investors for $458 Million of Athens Water Plants

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Dec. 5 (Bloomberg) -- Greece invited investors to build, manage and operate four sewage treatment plants in the greater Athens region, according to the country’s Development Ministry.

The contracts are budgeted for a total of 350 million euros ($458 million), the ministry said today in an e-mailed statement. Investors would operate the water treatment plants for 27 years, with European Union financing funding 40 percent to 60 percent of the cost of each facility.

Greece is also inviting investors to build five more sewage treatment plants elsewhere in the country, the ministry said.

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To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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