Morais Leitão, Galvão Teles, Soares da Silva & Associados advised Pontegadea Inversiones, S.L. in the negotiation and execution of the acquisition of a 12% qualified holding in the share capital of REN - Redes Energéticas Nacionais, SGPS, S.A. (whose shares are admitted to trading on the Euronext Lisbon market) from the OQ Group (formerly Oman Oil). The price of the deal was not disclosed. The market capitalisation of REN stands today at around EUR 1.6 billion.
Thus, Pontegadea Inversiones is currently the second largest shareholder of REN.