Report
Luis de Toledo Heras

Enagas : Acquisition of stake in BBL reflects European aspirations

>Acquisition of 20% of BBL to support the EU security of supply goals - Enagas has agreed to buy 20% of BBL, the owner of the interconnection between the UK and the Netherlands (235km natural gas interconnection line), from Uniper. The operation fits within the group’s strategy of contributing to the security of supply in Europe and decarbonisation. Following the transaction, BBL share capital will be controlled by Gasunie (60%), Fluxys (20%) and Enagas (20%), and thu...
Underlying
Enagas SA

Enagas is a gas transportation company based in Spain. Co. is engaged in the technical distribution and storage of gas through pipelines as well as the provision of regasification services. Co. and subsidiaries are engaged in the ownership, administration, storage, pipeline transportation, distribution flow, and sale of natural gas. As a transport company, Co. also provides gas and manages the gas infrastructures.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

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