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New Deal


Announced

Naturgy is set to spin off its infrastructure business and power generation and marketing business.

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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Single Bidder

Demerger

electricity

Spin Off

Friendly

renewable energies

Majority

transmission infrastructures

Public

Spain

Domestic

Alternative Fuels

Pending

infrastructure

Telecommunications infrastructure

energy

Synopsis

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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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