Gas Natural Fenosa sells Natural Gas Unit to Brookfield

Posse Herrera Ruiz acted as legal advisor to Gas Natural Fenosa in its announced sale of its direct and indirect participation in its natural gas business in Colombia (Gas Natural S.A. ESP, Gas Natural Del Oriente S.A. ESP, Gas Natural Cundiboyacense S.A. ESP, Gas Natural Del Cesar S.A. ESP) to Canadian private equity group Brookfield for EUR$482 million. Gas Natural S.A. ESP and Gas Natural Del Oriente S.A. ESP are both publicly listed companies in Colombia. 

Signing Date: November 17, 2017

LEGAL ADVISORS

Counsel to Gas Natural Fenosa

Counsel

Posse Herrera Ruiz: Partners Jaime Cubillos and Mariana Posse, associates Emilia Arango, Lina Vélez, Maria Fernanda Flórez and Santiago Osorio.

Counsel to the sellers

In-house Counsels: Andres Crump and Fred Day.

Baker McKenzie (Colombia): Partners Juan de la Rosa, Juan Felipe Vera, Carolina Pardo, Jaime Trujillo, Ciro Meza and Alejandro Mesa, and associates Laura Estrada, Natalia Villalba, Jorge Valencia, Juan Diego Saldarriaga, Antonio Perry, Adriana Combatt, Paola González, Mariana Villegas, Maria Montejo, Isabella Ariza and Juan Camilo Mariño.