De Brauw has served as local counsel to China Ningbo International Cooperation Co. Ltd (CNIC) on its signed agreement to acquire a stake in Redexis Gas.
Client name
China Ningbo International Cooperation Co. Ltd (CNIC)
Other parties involved
Goldman Sachs Infrastructure Funds, Guoxin Guotong Fund LLP (GT Fund)
Nature of transaction
Financial investors GT Fund and CNIC have signed agreements to acquire a 33.3% stake in Redexis Gas, a leading company specialising in natural gas distribution and transmission in Spain, from infrastructure funds managed by Goldman Sachs.
Value of transaction.
Undisclosed but more than EUR5 million
Date of deal
04 April 2018
De Brauw involvement
Local counsel
Other advisors
Evercore - financial advisor to GT Fund and CNIC Citigroup Global Markets and Goldman Sachs International - financial advisor to Goldman Sachs Infrastructure Funds, Uría Menéndez, Clifford Chance LLP
De Brauw lead partner
Anja Mutsaers
De Brauw team
Anja Mutsaers, Claudia Priem, Ties Boonzajer Flaes, Dorothé Stubbé-Bongaerts (Notarial) and Thijs Elseman (Finance).De Brauw has served as local counsel to China Ningbo International Cooperation Co. Ltd (CNIC) on its signed agreement to acquire a stake in Redexis Gas.
Client name
China Ningbo International Cooperation Co. Ltd (CNIC)
Other parties involved
Goldman Sachs Infrastructure Funds, Guoxin Guotong Fund LLP (GT Fund)
Nature of transaction
Financial investors GT Fund and CNIC have signed agreements to acquire a 33.3% stake in Redexis Gas, a leading company specialising in natural gas distribution and transmission in Spain, from infrastructure funds managed by Goldman Sachs.
Value of transaction.
Undisclosed but more than EUR5 million
Date of deal
04 April 2018
De Brauw involvement
Local counsel
Other advisors
Evercore - financial advisor to GT Fund and CNIC Citigroup Global Markets and Goldman Sachs International - financial advisor to Goldman Sachs Infrastructure Funds, Uría Menéndez, Clifford Chance LLP
De Brauw lead partner
Anja Mutsaers
De Brauw team
Anja Mutsaers, Claudia Priem, Ties Boonzajer Flaes, Dorothé Stubbé-Bongaerts (Notarial) and Thijs Elseman (Finance).
