The PP suggests that the government controls Abu Dhabi’s entry into Naturgia but does not enter its capital.

He People’s Party He believes it is appropriate for the government to oversee the entry of Emirati company Taqa (the acronym by which the Abu Dhabi National Energy Company is known) into the Spanish energy company. Naturgy (where it seeks to acquire 41% of the capital), but rejects any temptation on the part of the executive of Pedro Sánchez to take state participation in the capital of the company of Catalan origin, as it already does in Telefonica. “The government is already within reach anti-takeover law stop the operation if necessary without entering the capital,” said sources consulted by the People’s Party.

The party, led by Alberto Nunez Feijoo, stresses that the strategic nature of Naturgy justifies the government pursuing any foreign attempts to enter its capital, especially if it is from a non-EU country. The company he heads Francisco Reines It is not only the first Spanish gas company and the third largest electricity company; In addition, it is the owner of the country’s gas infrastructure and is a co-owner – along with Algerian public company Sonatrach (51%) and BlackRock subsea gas pipeline investment fund Medgaz, which transports natural gas directly from Beni Safa on the Algerian coast to Almeria in Andalusia. In addition, the PP notes that Naturgy has an important role to play in green hydrogen pipelines.

“Do we want Emirati capital to enter the Naturgy pipeline along with the Algerian government?” the sources interviewed ask rhetorically, before answering themselves that at the very least this is a matter that should be controlled by the Spanish executive. “But then, In no case will this justify the state’s entry into the capital of the gas company.as is already beginning to be assumed,” they add.

PP requires information

On the part of the Executive Power, the entry of the State into the capital of Naturgy is not confirmed, but it is not excluded either: “We will have to see whether it makes sense for the State to have participation. “It’s premature,” was all he said. Third Vice President Teresa Ribera, when asked about the possible inclusion of public SEPI in the gas company’s stake. “At the moment, vigilant diligence is required,” said Ribera, stressing that “it is important that the outcome of any operation ensures that an important company like this, which is a leading Spanish gas company and has first-class regulated activities, you do not have any problems with management.” The government’s minority partner, Sumar, is demanding that the Emirates takeover proposal for Naturgy be vetoed and is asking to enter a state-owned company.

In that People’s Party The image of confusion that he believes the government is creating due to the lack of prior information about Tac’s plans is, according to Criteria Caixa (the investment arm of the La Caixa Foundation chaired by Isidre Faine), spoiled. his entry into the capital of Naturgy. It is also believed that when Pedro Sanchez was aware of the operation, he should have reported this to the leader of the PP, Alberto Nunez Feijoo: “What the government may decide on this operation will have consequences for years to come. Talking to the opposition about this will give investors peace of mind. In addition, presenting a common position will create a very good image of the country, regardless of whether it is for and not against the operation,” the popular ones note. They claim that if, if necessary, Sánchez and Núñez Feijóo had agreed on a position against the operation, “there would not even have been a need to apply the anti-takeover law, because no foreign investor would have dared to make a move in such political conditions.”