Spanish utility Gas Natural declared that it expects its acquisition of Union Fenosa to generate an extra 200 $283.2 millionof capital expenditure savings. For full story, click here
Continue reading "Gas Natural declared further synergies from Fenosa"
Tuesday, July 21, 2009
The Bolivian government declared that it would invest $5 billion over the next five years in the country’s oil and natural gas sector in a bid to boost output. Energy Minister Oscar Coca commented: During the next five years, more than $5 billion is forecast to be spent in the oil and natural gas sector [...]
Continue reading "Bolivia declared Invest $45 bln in Oil and Gas Sector"
Tuesday, July 21, 2009
Spanish utility Gas Natural declared that it has sold electricity and gas distribution and transport assets to Portugal’s EDP for 330 million euros, making a gross capital gain of 50.4 million euros. For full story, click here
Continue reading "Gas Natural sold assets to EDP for 330 mln Euros"
Wednesday, June 24, 2009
Spanish utility Gas Natural has planned to sell a two-part bond consisting of a five-year euro benchmark-size tranche and a 10-year $693 million tranche. For full story, click here
Wednesday, June 24, 2009
Spanish utility Gas Natural has planned a euro-denominated bond issue. For full story, click here
Continue reading "Gas Natural has planned Euro-Denominated Bond"
Wednesday, June 3, 2009
Spanish utility Gas Natural declared that it has sold its 5 percent stake in national gas network operator Enagas, sending shares in the operator up 4.6 percent. Citigroup Global Markets stated: We consider this sale a relief for Enagas as overhang risk is significantly reduced for the company. For full story, click here
Continue reading "Enagas surged after Gas Natural sold 5 percent"
Tuesday, June 2, 2009
Spanish utility Gas Natural declared that it has sold its 5 percent stake in national gas network operator Enagas, sending shares in the operator up 4.6 percent. For full story, click here
Continue reading "Enagas raised after Gas Natural sold 5 percent"
Wednesday, May 6, 2009
Spanish utility Gas Natural’s first-quarter core earnings has beaten analysts’ forecasts on Wednesday as strength from the company’s gas business offset weak Spanish electricity operations. For full story, click here
Continue reading "Gas Natural Q1 has beaten forecasts on strong gas business"
Friday, March 27, 2009
French utility GDF Suez reported that it will subscribe in full to Gas Natural’s planned capital hike and will avoid diluting the level of its current stake in the Spanish company, of close to 9%. For full story, click here
Continue reading "French utility Suez to maintain level of gas natural stake"
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Thursday, July 30, 2009