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Announced

Completed

Scale Gas Solutions completed the acquisition of a 19% stake in DIG from Edison.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Gas Distribution

liquefied natural gas

Completed

Cross Border

Friendly

Italy

Acquisition

Private

Minority

Single Bidder

Synopsis

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Scale Gas Solutions, a subsidiary of Enagas specializing in small-scale liquefied natural gas, completed the acquisition of a 19% stake in Depositi Italiani, the company that owns the plant of liquefied natural gas, from Edison, an Italian electric utility company. Financial terms were not disclosed. The aim is to establish a strong LNG supply chain from Enagas’ Mediterranean LNG terminals, led by the Barcelona terminal, to Edison customers, fostering sustainability through the introduction of LNG as an alternative fuel.

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