Naturgy to sell stake in Chilean utility CGE to China’s SGI for €2.5bn
Spanish energy company Naturgy has signed a deal to divest its 96.04% stake in Chilean electricity distribution company Compania General de Electricidad (CGE) for Chinese state company State Grid International Development Limited (SGI) for €2.57 billion. Established in 1905, Compania General de Electricidad supplies power to 45% of households in Chile. The company is also […]