24 April 2024
Gas Natural Fenosa divests 300,000 Madrid gas supply points
Publication date: 08 February 2011
Gas Strategies Group
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Gas Natural Fenosa (GNF) agreed yesterday to sell around 300,000 gas supply points in the Madrid region to a subsidiary of Madrileña Red de Gas for Euro 450 million. The divestment was part of its commitment to the Spanish National Competition Commission (CNC) to divest gas and electricity assets in Spain as a condition for the purchase of Union Fenosa.