LONDON, May 20, 2011 /PRNewswire/ -- Actis, the pan-emerging markets private equity investor, has reached an agreement with GAS NATURAL FENOSA, a leading multinational in the gas and electricity sector, to acquire a group of companies dedicated to the transportation and supply of electricity to 1.4m customers in Guatemala in a transaction worth US$345m plus assumed debt. The core of the business lies in its two electricity distribution and supply companies, DEOCSA and DEORSA; together these businesses supply electricity to 20 of the 22 departments in Guatemala, covering 94% of the land mass and serving the country's large rural population. GAS NATURAL FENOSA has built a strong, well-managed asset and Actis looks forward to working with the current management team to provide a first class customer service to its customers.

NEW YORK, Dec.

The Federal Competition Commission of Mexico has authorized Gas Natural to acquire the combined-cycle power plants operated by Union Fenosa in Mexico, as part of Gas Natural's purchase of 100% of the Spanish electricity company.

Gas Natural has signed an agreement with Swiss financial services company UBS for the future acquisition of 47.07 million Union Fenosa shares, corresponding to 5.15% of the voting rights.

By Marie Maitre If Electricite de France fails to persuade British Energy shareholders to accept its bid, EDF will not be short of options or cash to build on its global nuclear leadership and develop such new businesses as natural gas.