Pinsent Masons and A&O Shearman advise on Enagás-Saggas deal
Pinsent Masons and A&O Shearman have advised on Enagás Transporte’s acquisition of a 20% stake in Saggas from Osaka Gas UK. The transaction, reportedly valued at €31 million, increases Enagás’ holding in the LNG regasification company to 92.5%.
Saggas owns and operates the liquefied natural gas (LNG) regasification terminal at the Port of Sagunto in Valencia, one of Spain’s key LNG infrastructure facilities.
The teams
Pinsent Masons advised Enagás Transporte. Its team was led by Partner Hermenegildo Altozano and included Senior Associate Sergio Peñamaría Rivas and Associates Ana Clavijo and Andreína Landazábal.
A&O Shearman advised the seller, Osaka Gas UK. Its team comprised Bosco de Checa, María Isla, Juan Gómez Carús, Anikka Montis, David Díez, Mario García and Juan José Sánchez.
