Enagás buys TGP stake; strikes deal with CPPIB

Peru’s Rebaza, Alcázar & De Las Casas Abogados Financieros and Bird & Bird LLP’s Madrid office have helped Spanish energy company Enagás buy a stake in Peruvian pipeline operator Transportadora de Gas del Perú (TGP) – at the same time as Enagás struck a deal with TGP’s largest shareholder, the Canada Pension Plan Investment Board (CPPIB), in a deal totaling US$481 million.