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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gasol | LSE:GAS | London | Ordinary Share | GB00B826T938 | ORD 0.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
LONDON--Gasol PLC (GAS.LN), a gas to power company, said Wednesday that it has entered into an agreement to acquire a 30% stake in Malta Power & Gas Limited, the operator of the LNG-to-power project in Malta.
MAIN FACTS:
-Acquired stake as a part of a consortium called ElectroGas Malta.
-Malta Power & Gas is a special purpose company established by Malta's state power utility, Enemalta, to own and operate the LNG-to-power project, which was awarded to ElectroGas in late 2013.
-Remainder of Malta Power & Gas shares will be acquired by the other members of the ElectroGas consortium as follows: SOCAR Trading SA (20%), GEM Holdings Ltd (30%) and Siemens Projects Ventures (20%).
-ElectroGas intends to rename Malta Power & Gas to ElectroGas Malta Ltd., prior to closing the financing for the project.
-Shares of Gasol at 0843 GMT flat at 16 pence, valuing the company at GBP5 million.
-Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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