AZ Capital has advised Reganosa on the acquisition of 25% in the El Musel regasification plant from Enagás

AZ Capital has advised Reganosa on the acquisition of a 25% stake in the El Musel regasification plant from Enagás for a total consideration of € 95m.
El Musel Terminal in Gijon, which until now was solely the property of Enagás, has a storage capacity of 300,000m3 of LNG. It also has mooring and unloading installations designed for the largest methane vessels in the world, the QMAX of up to 266,000 m. The terminal, as contemplated in the Government’s Plan for More Energy Security, is ready to be put into operation for logistical use soon, once the current administrative procedures are completed. Once in operation, it can provide up to 8 billion cubic meters (bcm)/year of liquefied natural gas (LNG) to strengthen Europe’s energy security of supply.