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Brief: Enagas Buys 31.5% Stake Of French Grid Operator Terega

April 21 (Reuters) - Enagas SA ENAG.MC:

REACHES AN AGREEMENT TO ACQUIRE A 31.5% STAKE IN THE SHARE CAPITAL OF THE FRENCH TSO, TEREGA S.A.S, FROM GIC

AGREEMENT FOR AN AMOUNT OF 573 MILLION EUROS

ESTIMATES THAT THE CLOSING WILL TAKE PLACE DURING THE 2026 FINANCIAL YEAR

POSITIVE FINANCIAL IMPACT AND LONG-TERM VALUE CREATION FOR ENAGAS

SEES 8% RETURN ON INVESTMENT (EQUITY)

AVERAGE CONTRIBUTION TO ENAGAS NET PROFIT 2027–2032: ABOUT 15 MILLION EUROS

Source text (Full Story)

Further company coverage: ENAG.MC

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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