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SNMRY

SNMRY
12.8000.47%( -0.060 )

LongbridgeAI

Enagas buys 31.5% stake in France’s Terega for EUR 573 million

PUBT
Jul 30, 2026 at 11:05 AM
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Enagas completed the acquisition of a 31.5% stake in French gas TSO Teréga for EUR 573 million, following European Commission antitrust clearance. Post-transaction ownership includes Snam (40.5%), Enagás (31.5%), EDF Invest (18%), and Crédit Agricole (10%). Teréga operates 5,100 km of pipelines and two storage sites in southwest France. This investment supports cross-border cooperation, including the H2med hydrogen corridor.

  • Enagás completed the acquisition of a 31.5% stake in France’s gas TSO Teréga for EUR 573 million. * Deal closed following European Commission antitrust clearance, alongside other regulatory authorizations. * Post-transaction ownership: Snam 40.5%, Enagás 31.5%, EDF Invest (Ouestgaz) 18%, Crédit Agricole (Predica) 10%. * Teréga operates about 5,100 km of gas pipelines, alongside two underground storage sites in southwest France. * Investment positions the group for cross-border cooperation, including work on the H2med European hydrogen corridor. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enagas SA published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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