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Gas Natural SDG closes purchase of Gecal Renovables

Gas Natural SDG SA on Oct. 16 closed its deal to acquire Gecal Renovables SA for a transaction value of €260.0 million.

Banco Bilbao Vizcaya Argentaria SA (BME:BBVA) and Ernst & Young Transaction Advisory Services España were the financial advisers for Gas Natural SDG, and Bird & Bird LLP was the legal adviser.

KPMG Asesores S.L. corporate finance arm was the financial adviser for Gecal Renovables.