AZ Capital has advised Reganosa on the agreement by which Enagás has acquired a network of 130 km of natural gas pipelines

AZ Capital has advised Reganosa on the agreement by which Enagás has acquired a network of 130 km of natural gas pipelines from Reganosa for 54 million euros. According to the agreement terms, Enagás acquires the whole of the transmission network which up to now was owned by Reganosa and consists of 130 km of gas pipelines of 80 bar. This network is included in the Backbone network and is key to guarantee the security of supply as well as the proper functioning of the Iberian gas market. It connects to the LNG terminal of Mugardos and the Tui – Llanera gas pipeline in Guitiriz and Abegondo. It has three measuring stations, three regulation and measurement stations and thirteen valve positions. The transmission network brings natural gas directly to the combined cycle.

 

For more information, please refer to the corporate press release here.

AZ Capital

Advised in the sale of

Reganosa (130 km of gas pipelines)

to

Enagás

Energy

MidCap Alliance