Enagás acquires 100% of Axent, expected impact of €15 million on 2025 net profit

enagas sede

Norbolsa | The company has agreed to acquire the remaining 51% of Axent for €37.5 million, thereby acquiring 100% of the capital. Axent operates in fibre telecommunications infrastructure and the transaction is expected to have a positive impact of €15 million on net profit in 2025.

The transaction marks the exit of the Spanish fund Axión Infraestructuras de Telecomunicaciones from this fibre optic and radio link platform,created in partnership with the gas system operator to market the network deployed alongside the gas pipelines.

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