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DESFA Financial Closure

December 20th, 2018

We are happy to share with you that our client (the consortium of SNAM S.p.A., FLUXYS SA/NV and ENAGAS INTERNACIONAL S.L.U.) closed the transaction re: the acquisition of 66% of DESFA S.A. today at the premises of HRADF.

We are proud that KG's Energy Infrastructure team has been part of this successful privatization. This is the second project for which KG's Energy Infrastructure team has acted for the successful bidder, the earlier being the privatization of ADMIE S.A. (i.e. the Independent Power Transmission Operator S.A.).