News
16 October 2019

Naturgy and Sonatrach to buy Mubadala's Medgaz stake

In:
Oil & gas
Region:
Europe , Middle East & Africa

Naturgy and Sonatrach have entered into an agreement with Mubadala to buy its 42.09% stake in Medgaz. Naturgy will acquire a 34.05% stake for €445 million through a special purpose vehicle that will be funded with a non-recourse loan of €260 million to optimize its capital structure. The...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
20 March 2026

Unlocking alternative funding in Nigerian infrastructure

Nigeria is starting to build robust channels for attracting institutional debt capital – both foreign and domestic - into infrastructure assets. But this expanded toolkit...

Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...