REN announces that Pontegadea reduces its stake to zero percent
The investor crossed the reportable threshold on September 7, 2026, falling from 13.7% to having no voting rights in the company.
See the latest news and media coverage for REN. We track all announcements, press releases, and industry mentions in real time, all in one place.
Portuguese electricity and gas transmission system operator
ren.ptLast updated
In short: REN saw the Portuguese state raise its stake to 19% amid record consumption and strong results.
The investor crossed the reportable threshold on September 7, 2026, falling from 13.7% to having no voting rights in the company.
The agreement is subject to approval by the Court of Auditors and involves approximately thirteen percent of the share capital.
EBITDA rose 10.8% to €284.2M, net profit up 42.1% to €93.4M, driven by higher domestic and international performance.
The financial rating agency Fitch Ratings today upgraded REN's long-term rating from BBB to BBB+ and the Senior Unsecured from BBB+ to A-.
As the second largest shareholder of REN, the State now holds 19%.
After closing the agreement to buy 13.7% of REN in August, the state's holding company Parpública buys another 5% and holds more...
Portugal agreed to buy 5.32 percent of REN on October 9. Redes Energeticas Nacionais stock costs EUR 3.55 on October 21, 2026 at EUR 2.4...
The issue has entered the agenda of the Portuguese government just after the state's return to the capital of Redes Energéticas Nacionais (REN), the manager of...
Track REN and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to REN and other trending companies.