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New Deal


Announced

Completed

Enagás completed the acquisition of 130 km of natural gas pipelines from Reganosa for $57m.

Financials

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Transaction Value£47m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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gas pipeline

Single Bidder

Pipelines

Majority

Friendly

Completed

Acquisition

Infrastructure

Private

Domestic

Spain

Synopsis

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Enagás, an energy company, completed the acquisition of 130 km of natural gas pipelines from Reganosa, a gas company, for $57m. “This is a historical agreement that reinforces the strategy of both companies and strengthens the Spanish Gas System. The agreement will also contribute to reinforce the terminal’s potential of the El Musel and promotes our investment plan in Galicia," Arturo Gonzalo, Enagás CEO.

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