The Canadian pension fund CPPIB is considering selling 12% of its shares in the largest gas distribution company in Spain, Nadegia, reports Bloomberg. The fund purchased this property in 2018 for 900 million euros (about $1 billion). Discussions on a possible deal are at an early stage and come shortly after the Spanish regulator approved new rules and tariffs for the country's gas sector for the period 2032-2027.

The Canadian pension fund CPPIB is considering selling 12% of its shares in the largest gas distribution company in Spain, Nadegia, reports Bloomberg. The fund purchased this property in 2018 for 900 million euros (about $1 billion). Discussions on a possible deal are at an early stage and come shortly after the Spanish regulator approved new rules and tariffs for the country's gas sector for the period 2032-2027.