The Court of Auditors approved the acquisition of 13.7% of REN (Redes Energéticas Nacionais) by Parpública, thereby concluding the operation agreed with Pontegadea Inversiones. The decision allows the Portuguese State to proceed with the purchase of the stake in the energy sector company.
The operation was justified by the State on grounds of sovereignty and energy security. With this acquisition, the State becomes the second largest shareholder in REN, reinforcing its role in the national energy sector.
Pontegadea Inversiones, an infrastructure company, was the counterpart in the negotiation that enabled this State entry into the capital of REN, the company responsible for managing energy networks in Portugal.
