News

economy

Gas Natural sells 20% of its distribution

Gas Natural Fenosa has completed the sale of 20% of its gas distribution network in Spain to an infrastructure consortium made up of Allianz Capital Partners and the Canada Pension Plan Investment Board. The sale was yesterday authorised for 1.5 billion euros. The operation was originally announced in August. Gas Natural will keep hold of some 80% of the business.

Sign in. Sign in if you are already a verified reader. I want to become verified reader. To leave comments on the website you must be a verified reader.
Note: To leave comments on the website you must be a verified reader and accept the conditions of use.