Naturgy

Ufinet

Sole advisor to Naturgy on the sale of its telecommunications subsidiary

AZ Capital has advised Naturgy on the sale of its subsidiary Gas Natural Fenosa Telecomunicaciones (GNFT) to the European private equity firm Cinven, for €510 MM.

GNFT is a fiber optics (FO) neutral carrier with business in Spain and Latam, where it is present in Panama, Colombia, Guatemala, Costa Rica, Nicaragua, El Salvador and Honduras. GNFT’s FO network has an extension of c. 35,000 km. Regarding the geographical split of revenues, c. 55% of sales come from Spain and the rest 45% from the Latam division.

Sector: Telecommunications

go to sector

2014

bandera
logo

Sell-side advisory

logo

Related transactions

See all

2022

bandera
logo

Buy-side advisory

logo

2022

bandera
logo

Buy-side advisory

logo