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Pavilion Energy buys Iberdrola's portfolio of LNG assets

Pavilion group CEO says the deal brings to the firm a portfolio of prime assets in Europe, Atlantic Basin

Mr Barnaud (left) and CEO of liberalised business at Iberdrola Aitor Moso, at the signing ceremony on Thursday.


TEMASEK-OWNED Pavilion Energy is acquiring Spanish energy giant Iberdrola's portfolio of liquefied natural gas (LNG) assets for 115 million euros (S$176.2 million), subject to adjustments.

According to Iberdrola's filings with Spain's National Securities Market Commission...