Court of Auditors gives the green light to Parpública's purchase of 5.32% of REN
The Court of Auditors approved Parpública's acquisition of 5.32% of REN for over 138 million euros, increasing the state's stake to 19%. This purchase involved 35.5 million shares previously held by Fidelidade, which has now lost its qualified shareholder status. The transaction was financed by a government injection of 136 million euros into Parpública, aligning with the government's strategy to enhance public presence in strategic energy infrastructure. This follows the state's earlier acquisition of a 13.7% stake from Pontegadea Inversiones, consolidating its position in REN.
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