Radar > 240712

Cepsa to sell its stake in Medgaz gas pipeline

Cepsa podría vender su participación en el gasoducto Medgaz

Intel ID : 240712
Synopsis

Cepsa, a Spain-based oil company, could be analyzing the sale of its 42% stake in the Medgaz gas pipeline for approximately EUR 300m, reported Europa Press on 19 September 2016, citing sources familiar.

The pipeline will allow the entry of natural gas to Spain from Algeria.
(content in spanish)

Cepsa, empresa petrolera española, podría estar estudiando la venta de su participación del 42% en el gasoducto Medgaz por aproximadamente EUR 300m, según ha informado Europa Press el 19 de septiembre de 2016, basándose en fuentes consultadas por la propia agencia.

El gasoducto permitirá la entrada de gas natural a España procedente de Argelia.

Seller

Ultimate Owner (Seller)

United Arab Emirates

Advisors

prospect

Intel ID 240712
Value EUR 300,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Cepsa
(31 Dec 2023)
Revenue: EUR 25.307,00m
EBITDA: EUR 656,00m
Net Debt: EUR 2.981,00m
People: 10865
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Energy and Renewable Energies / Biofuel
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Secondary Sectors (TTRSC)
20.04.01 Biofuels
20 Energy & Utilities / 20.04 Renewable Energy

20.04.05 Hydrogen
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Ultimate Owner (Seller)

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.