Enagás Raises Its Share to 49.5% in the French Terega After Buying From EDF 18% by 311 Million
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Enagás has reached an agreement with EDF Invest, division of the French electric operator, for the acquisition of its 18% stake in Terega. The amount of the operation amounts to 311 million euros and places the capital under Enagás control at 49.5%.The agreement does not change the governance pact established by the owners. ... Continue reading "Enagás expands its share in Terega to 49.5% and strengthens its position in the Barcelona-Marsella pi…
Spanish gas infrastructure manager Enagás has agreed to buy an additional 18% of French operator Teréga from EDF Invest, a division of Electricité de France SA (EDF). This transaction will not involve any change in control of the company as Enagás will achieve a 49.5% stake.
Enagás has increased its position from 31.5% in Terega, the operator that manages the gas networks of the southwest of France, to 49.5% thanks to a purchase agreement for the...
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Enagás raises its share in its French competitor Teréga to 49.5%. The Spanish operator has just bought an 18% stake from EDF Invest – Electricité de France (EDF) division – in the French company's share capital, through its subsidiary Enagás International, for an amount of 311 million euros.
The operation, which is expected to close before the end of the year, will not entail any change in control or modification of governance mechanisms
The company plans to close the transaction before the end of 2026. More information: Enagás takes 92.5% of the Sagunto regasification plant after buying another 20% for 30.1 million
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