Latest Unión Fenosa Stories
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...
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.
Gas Natural has signed an agreement with Spanish construction conglomerate ACS to acquire its 45.3% stake in public utility Union Fenosa at a price of E18.33 per share in cash. The transaction is expected to result in synergies of around E300 million.
Gas Natural has stated that it is negotiating with the Spanish construction company Actividades de Construccion y Servicios over the prospective acquisition of the latter's 45% majority stake in electricity utility Union Fenosa, reported Dow Jones.
By Judy MacInnes Is the third time the charm for Gas Natural? The natural gas company, based in Barcelona, said in a regulatory filing Thursday that it was competing to buy a controlling stake in a rival utility, Union Fenosa, based in Madrid, its third attempt to acquire another Spanish energy company.
Spanish renewable energy company Enel Union Fenosa Renovables has inaugurated a 30MW wind farm in Lugo, in the northwestern region of Galicia, Spain. The total investment in the project is E42.5 million.
Spanish IT services company Indra, has been selected by Union Fenosa Gas to implement a new model of the information systems that will support the management of the gas company's business lifecycle at both national and international levels.
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