BlackRock has sold approximately 1.25% of its shares in Naturgy at €25.20 per share, utilizing J.P. Morgan and Goldman Sachs for the transaction. This sale aligns with BlackRock’s ongoing strategy of rebalancing its portfolio in European utilities in response to evolving dynamics within the energy sector. Naturgy, meanwhile, is focusing on expanding its renewable energy initiatives while still supporting its core gas infrastructure across key European markets.
BlackRock sells 1.25% stake in Naturgy at €25.20 per share
