Announced
Financials
Sources
Tags
Single Bidder
Demerger
electricity
Spin Off
Friendly
renewable energies
Majority
transmission infrastructures
Public
Spain
Domestic
Alternative Fuels
Pending
infrastructure
Telecommunications infrastructure
energy
Synopsis
Naturgy, a multinational energy group operating in 20 countries on five continents, is set to spin off its infrastructure business and power generation and marketing business. "With this project, Naturgy is making decisive progress in its transformation and comes ahead of the disruptive changes the sector is experiencing. Gemini will drive growth beyond the Strategic Plan, setting a new path for a pragmatic approach to the energy transition,” Francisco Reynés, Naturgy Chairman.
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