Redexis Gas, the second largest transmitter and fourth largest distributor of gas in Spain, provides customers with access to an affordable and secure source of energy. The company operates in regions with gas penetration below the Spanish and European averages (est. 28% and 46%, respectively). Affiliates of two GS Infrastructure Partners II funds and certain co-investors acquired Redexis Gas in 2010 from Endesa, S.A., Spain’s largest electric utility company. With GS Infrastructure Partners’ support and a new management team, the company has made significant investments in Spanish natural gas infrastructure over the past five years. Since 2010, Redexis Gas has almost doubled its transmission and distribution network to c. 8,700 km and tripled the municipalities served to over 550, with gas now available in areas with over five million inhabitants.
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