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New Deal


Announced

Flogas to acquire Naturgy Ireland.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

Domestic

Acquisition

Private

energy services

Majority

Single Bidder

Ireland

Multi-Utilities

Synopsis

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Flogas, an energy company, agreed to acquire Naturgy Ireland, a supplier of renewable electricity, natural gas, biogas and energy services. Financial terms were not disclosed. “The acquisition of Naturgy Ireland is complementary to our existing business. With the strong pipeline of energy services and renewables that Naturgy brings to the table, the agreement will support the further development of our portfolio of sustainable and renewable offerings for the large energy supply sector. It leaves us well-positioned to lead the energy transition for our customers in Ireland,” Paul Kenny, Flogas General Manager.

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