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State already in REN's capital: purchase of 13.7% from Zara owner's company completed
Business
Инвестиции

State already in REN's capital: purchase of 13.7% from Zara owner's company completed

Expresso8 September 2026 at 08:02

The Portuguese State, through Parpública, concluded the purchase of a 13.7% stake in REN (Redes Energéticas Nacionais). The operation was announced on Monday night by Pontegadea, company of Zara's founder, Amancio Ortega.

Pontegadea sold all the shares it held in REN, thus leaving the Portuguese energy company with no participation. The value of the transaction was not made public.

Parpública is the entity responsible for managing the Portuguese State's holdings in several companies. With this acquisition, the State reinforces its position in REN, the company that manages the energy grids in Portugal.

This operation is part of the Portuguese government's strategy to increase State control over strategic infrastructure in the energy sector. REN is a company listed on the Lisbon stock exchange.

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