According to Reuters article published on March 31, 2023, Brazilian energy company Energisa Transmissao de Energia SA (ENGI11.SA) won ownership of natural gas firm ESGas at a privatization auction on Friday, buying stakes from the state government and Vibra Energia (VBBR3.SA).
Energisa offered 1.42 billion reais ($280 million) for Companhia de Distribuiçao de Gas do Espirito Santo, as it is formally known, marking a 7.28% premium from its minimum fixed grant value.
ESGas is responsible for the distribution of piped natural gas to more than 60,000 consumer units in the southeastern state of Espirito Santo, with residential, commercial, industrial, automotive, air conditioning and thermoelectric businesses.
($1 = 5.0744 reais)
