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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.45% | 6.68 | 6.59 | 7.60 | 6.71 | 6.68 | 6.69 | 15,947 | 22:00:01 |
From Dec 2019 to Dec 2024
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 Month Enagas (PK) Chart |
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