Bankinter | The Government has taken advantage of the operation of purchase of Global Infrastructure Partners (GIP) by BlackRock, to raise again a series of shields on the company. In January this year, BlackRock, the largest private equity fund manager in the world, announced an agreement to buy GIP, which has been a shareholder of Naturgy since 2016. As a result, BlackRock has become the indirect holder of 20.641% of...

Bankinter : In January of this year, its stake was 15%. In the last nine months it has acquired an additional 1% of the capital. IFM consolidates its position as the fourth largest shareholder in Naturgy, after La Caixa, which through Criteria holds 26.7%; CVC which, in its latest communication in June, states that it holds 20.715%; and GIP, with just over 20%. Part of the shares held by CVC...

Alphavalue/DIVACONS | The gas and electricity company has launched a buyback offer for a maximum amount of €1 billion, aimed at holders of several series of covered bonds maturing between 2025 and 2028, the company informed the Spanish Securities and Exchange Commission (CNMV) on Monday. In particular, through Naturgy Finance Iberia, the company has announced an invitation to the holders of a series of guaranteed bonds for an amount of...

Banc Sabadell: The Council of Ministers approved the entry of Blackrock in Naturgy (NTGY) after the purchase of GIP (20% NTGY) last January with the guarantees established for strategic companies. Although Blackrock would have requested the possibility of assessing a future delisting or analysing a sale of assets (such as the one included in the Gemini Project), it would have been denied. It will have to face the same conditions...

Naturgy has managed to repeat in the first half of this year 2024 the record results obtained last year in a context of a sharp global decline in energy prices. The energy company obtained up to June an Ebitda of €2,846 million and a net profit of €1,043 million, both at the same level as last year. The good results up to June and the outlook for the second half...

Bankinter | Naturgy is about to seal a new gas price agreement with the Algerian state-owned monopoly Sonatrach, its main supplier. Both groups are finalising a pact that definitively fixes the price of supplies in 2023 retroactively and those of 2024. In addition, the criteria for revisions from 2025 to 2027 are beginning to be established.for revisions from 2025 to 2027. This will put an end to years of tense...