.
MergerLinks Header Logo

Announced

Navantia to acquire a 5% stake in Enagás Renovable from Enagás.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

Spain

Renewable Energy Equipment

Acquisition

Domestic

Friendly

Single Bidder

Private

Minority

renewable energy

Synopsis

Edit

Navantia, a Spanish state-owned shipbuilding company, agreed to acquire a 5% stake in Enagás Renovable, a renewable energy company, from Enagás, a natural gas transmission company. Financial terms were not disclosed. "This agreement represents a great opportunity for Navantia Seanergies and a firm commitment to contribute to decarbonisation, to collaborate with key players in the field of renewable gas, and to promote, as a driving company, the entire value chain and to create sustainable employment," Ricardo Domínguez, Navantia President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US