Global Infrastructure Partners completed the acquisition of a 20% stake in Gas Natural from Criteria Caixa and Repsol for €3.8bn.

Global Infrastructure Partners, an independent global infrastructure investor, completed the acquisition of a 20% stake in Gas Natural, one of the largest energy infrastructure companies in the world, from Criteria Caixa and Repsol for €3.8bn. "We are delighted to be entering into this long term strategic partnership with Gas Natural, one of the world’s leading energy companies and a recognized leader in the energy sector in Spain. Gas Natural has an outstanding portfolio of gas and electricity assets that generate strong, stable cash flows. This transaction is in line with GIP’s strategy of investing in high quality, industry leading companies and assets. Welook forward to working with Gas Natural’s management and leveraging our considerableexperience in the energy sector to support them in delivering on their strategic plan," Adebayo Ogunlesi, GIP Chairman and Managing Partner.