ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ENGGY Enagas SA (PK)

7.49
0.00 (0.00%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Enagas SA (PK) USOTC:ENGGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 7.49 7.41 7.44 0.00 13:22:47

Enagas Acquires 20% Stake in GNL Quintero From BG for $176 Million

13/09/2012 8:14pm

Dow Jones News


Enagas (PK) (USOTC:ENGGY)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Enagas (PK) Charts.

Spanish energy company Enagas SA (ENGGY, ENG.MC) acquired from BG Group PLC (BRGYY, BG.LN) a 20% stake in GNL Quintero SA, the operator of a liquefied natural gas terminal in central Chile, for $176 million, Enagas said Thursday.

Earlier this year, British natural-gas company BG said it would sell a 40% equity interest in GNL Quintero as part of its noncore assets' divesting plan.

BG is expected to sell to Enagas the remaining 20% stake for another $176 million by the end of this year.

BG plans to use the proceeds from the sale to finance part of its $22 billion capital expenditure plan over the next two years.

On top of Enagas, GNL Quintero's shareholders are Chile's state oil company Empresa Nacional del Petroleo SA, or ENAP; power generator Empresa Nacional de Electricidad SA (EOC, ENDESA.SN); Chile's largest gas distributor, MetroGas SA (METR.BA), and BG. Each shareholder currently owns a 20% stake, Enagas said in a statement.

Write to Graciela Ibanez at graciela.ibanez@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Enagas (PK) Chart

1 Year Enagas (PK) Chart

1 Month Enagas (PK) Chart

1 Month Enagas (PK) Chart

Your Recent History

Delayed Upgrade Clock