Naturgy Energy Group SA, the Spain based provider of gas and electricity is to acquire the local five photovoltaic assets with a combined capacity of 373 MW from Ence Energia y Celulosa SA, the local manufacturer of pulp and paper. The consideration was €62 MM.
AZ Capital served as financial advisor to Naturgy on this transaction.
AZ Capital
Advised in the sale of
ENCE Energía y Celulosa, SA (PV assets)
to