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  • Leading European integrated utility with presence in more than 30 countries –and with outstanding footprint in Latin America–, with over 21 million customers and 15GW of installed capacity.
  • Leading operator in gas and power distribution networks in Spain and Latin America, and third power producer in Spain.
  • One of the main gas midstream operators, with portfolio of almost 30bcm and a fleet of gas tankers.
  • Defensive, balanced and unique business mix (EBITDA breakdown: 85% regulated, 50% international, 60% gas and 40% power) that underpins solid and reliable performance.
  • Sound financial situation (≈3x net debt/EBITDA) and positive recurrent cash flow generation that ensures attractive dividend policy.


Investment History


Key data

Data as at 12/31/2017

*Data as at 06/27/2018