Gas Natural Awarded Two New Concessions in Mexico
December 21 2017 - 6:46AM
Dow Jones News
By Nathan Allen
Spain's Gas Natural SDG SA (GAS.MC) has been awarded two
concessions to supply natural gas in the Mexican states of Campeche
and Yucatan, the company said Thursday.
The company said it will reach a market of up to 513,000 new
potential users in the two concessions.
It plans to invest heavily in expanding the gas-distribution
network in the new concession areas over the next five years.
Gas Natural already operates a 20,000-kilometer distribution
network in Mexico, as well as four combined-cycle power plants and
one wind farm, it said in a press release.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
December 21, 2017 06:31 ET (11:31 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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