Redes Energéticas Nacionais’s $167 Million Acquisition of Empresa de Transmisión Eléctrica Transemel


Prieto and Guerrero Olivos advised on the deal

Redes Energéticas Nacionais executed its $167 million acquisition of Empresa de Transmisión Eléctrica Transemel from Naturgy and Compañía General de Electricidad.

REN – Redes Energeticas Nacionais SGPS SA transmits electricity for EDP-Energias de Portugal and also operates gas pipelines. The Company – led by Goncalo Morais Soares, Rodrigo Jorge De Araujo Costa and Joao Faria Conceicao is located in Portugal and, in 2018, recorded €567 million revenues.

Prieto advised Redes Energéticas Nacionais (REN) with Cristóbal Villarino (Picture), Juan Andrés Ilharreborde, Isabel Monge, Camila Kutz, Agustín Martorell, Iván Torrealba, Francisco Lathrop and Isidora Ilharreborde.

Guerrero Olivos advised Compañía General de Electricidad (CGE), Naturgy Inversiones Internacionales and Empresa de Transmisión Eléctrica Transemel with Roberto Guerrero Valenzuela, Macarena Ravinet, Josefina Yávar C., Tomás Kubick and César Gálvez.

Involved fees earner: César Gálvez Tobar – Guerrero Olivos; Roberto Guerrero – Guerrero Olivos; Tomás Kubick – Guerrero Olivos; Macarena Ravinet – Guerrero Olivos; Josefina Yávar Celedón – Guerrero Olivos; Juan Andrés Ilharreborde – Prieto; Isidora Ilharreborde – Prieto; Camila Kutz E. – Prieto; Francisco Lathrop V. – Prieto; Agustín Martorell – Prieto; Isabel Monge – Prieto; Iván Torrealba M. – Prieto; Cristóbal Villarino H. – Prieto;

Law Firms: Guerrero Olivos; Prieto;

Clients: Compañía General de Electricidad (CGA); Empresa de Transmisión Eléctrica Transemel; Naturgy Energy Group S.A. ; REN – Redes Energéticas Nacionas, SPGS, S.A.;

Author: Ambrogio Visconti.