|Bid||21.49 x 0|
|Ask||21.51 x 0|
|Day's Range||21.36 - 21.55|
|52 Week Range||15.30 - 22.71|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 22, 2021 - Aug 01, 2021|
|Forward Dividend & Yield||2.52 (11.73%)|
|Ex-Dividend Date||Mar 15, 2021|
|1y Target Est||N/A|
An international court has dismissed a lawsuit for 4.8 trillion pesos ($1.3 billion) filed by Spanish company Naturgy against Colombia over the seizure of its subsidiary Electricaribe, the Andean country's government said on Friday. Colombia's Superintendency of Domiciliary Public Services took possession of Electricaribe from Naturgy - previously known as Gas Natural - in late 2016, citing risks the company would default and its inability to provide services across an extensive area in the north of the country.
Naturgy is nearing a deal to buy U.S. solar firm Candela Renewables, two sources familiar with the matter told Reuters, marking the Spanish group's first ever deal in the United States, one of the markets where it wants to focus its expansion strategy in the next five years. The transaction is expected to be finalised this week, one of the sources said, speaking on condition of anonymity as the matter is confidential. Candela Renewables did not immediately respond to an email seeking comment.
Spanish power company Naturgy <NTGY.MC> said on Friday it had agreed to sell 96% of its Chilean utility Compania General de Electricidad <CGE.SN> to China's State Grid International Development for 2.57 billion euros ($3.04 billion). Naturgy, whose shares jumped 5.9% after the announcement, said it expected to book a pre-tax capital gain of about 400 million euros on the sale. Formerly known as Gas Natural, Naturgy reshuffled management in 2018, cut costs and moved out of several countries, and now intends to focus on renewable energy and electricity grids in countries with stable regulation and macroeconomic conditions.