Talks with energy company Taqa have been terminated
Barcelona, 10 June, 2024.- CriteriaCaixa, the holding company managing ”la Caixa” Foundation’s business assets, has informed the National Securities Market Commission of Spain (CNMV) that the talks initiated with the United Arab Emirates energy company Taqa, aimed to reaching a shareholder agreement to provide stability to Naturgy’s shareholders, have been terminated, as the agreement has not been successful.
CriteriaCaixa will continue to explore alternatives to secure Naturgy’s industrial project and accelerate its growth through options that provide stability to the company’s shareholders, and to allow CriteriaCaixa to maintain its position as a reference Spanish partner in the company.
Likewise, CriteriaCaixa reiterates its commitment as a long-term investor in Naturgy’s industrial project, as it has been its largest shareholder for decades, and reiterates willingness to defend the company’s interests in order to keep the company listed in Spain, ensure an industrial plan consistent with the energy transition, and maintain the security of energy supply to Spain.
