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Article: Hisusa Acquires 5% of Gas Natural.
- Article from:
- PR Newswire
- Article date:
- December 27, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hisusa (Holding de Infrastructuras y Servicios Urbanos S.A.), owned 51% by SUEZ and 49% by La Caixa de Barcelona, has acquired a 5% interest in Gas Natural. This transaction resulted from a decision of the Hisusa Board of Directors in September to reinvest the proceeds from the sale of an 8.86% Acesa investment.
Following the Gas Natural transaction, Hisusa's investment portfolio consists of investments in Agbar (47.7%) and Gas Natural (5%).
Through this operation, Hisusa confirms its investing vocation in public services within the field of Energy and Environment, which activities provide high potential for value creation.
For SUEZ, this ...