Redes Energeticas Nacionais Sa · EURONEXT:RENE
Redes Energeticas Nacionais Sa — REN - Redes Energéticas Nacionais — Merger or Acquisition (July 2019)
5 slides from Redes Energeticas Nacionais Sa's merger presentation, Jul 23, 2019
Slide 1: Transemel Acquisition: Delivering on REN's Business Plan
Transemel Acquisition Delivering on REN’s Business Plan rd 23 July
Slide 2: Transemel's acquisition provides disciplined growth, aligned with REN's strategic plan
Transemel’s acquisition provides disciplined growth, aligned with REN’s strategic plan REN’s 1st major international investment was the acquisition of a 42.5% stake in Chile’s Electrogas, on Feb.2017, for $180 M. The investment has been in line with expectations, contributing positively to REN's r
Slide 3: Transemel operates 92 km of transmission lines and 5 substations with approved expansion plan
Transemel operates 92 km of transmission lines and 5 substations and has an approved expansion plan of $60 M for the next 4 years REN signed a Share Purchase Agreement with CGE and Naturgy to acquire 100% of Transemel’s shares for US$ 167 M Asset with an attractive growth potential Assets mainly loc
Slide 4: Adequate size opportunity for REN with predictable cash flows and growth potential in Chile
Adequate size opportunity for REN with predictable cash flows and growth potential in Chile’s competitive transmission sector Investment in Chile, • Investment grade country, considered as the best country to do business in Latin America LatAm’s most stable • Best-in-class economy in LatAm and disci
Slide 5: Closing Remarks: Acquisition of Transemel: rare opportunity with strong strategic fit
Closing Remarks Acquisition of Transemel: rare opportunity with strong strategic fit Acquisition represents the 2nd step in REN’s international expansion plan, consolidating its business plan strategy; Transemel operates 14 lines (92 Km) and 5 substations (985 MVAs), mainly in the north of Chile
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