Snam in talks to sell 24% stake in Interconnector, CEO says
11/06/2024 15:55
CERNUSCO SUL NAVIGLIO, Italy, June 11 (Reuters) -
I taly's Snam SRG.MI is in talks with suitors over the sale of
its 23.7% stake in Interconnector, the company that owns and
operates the gas pipeline between Britain and Belgium, the CEO
of the Italian gas grid operator said on Tuesday.
"There are ongoing talks over Interconnector, but we are in
no rush to sell it," Snam's Stefano Venier said on the sidelines
of an event organised by Industrie De Nora DNR.MI to mark the
start of construction on its electrolysers factory.
Snam, which is controlled indirectly by the Italian
government, holds a stake of nearly 22% of electrolyser maker
Industrie De Nora.
(Reporting by Francesca Landini
Editing by David Goodman
)
((francesca.landini@thomsonreuters.com; +39 02 66129437;
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))