Enagás invested a record ¿598.4Mn in the first half of 2009

28 July 2009

Net profit rose 7.4% yoy to €139.5Mn, in line with the Company’s forecasts

Enagás ended the first half of 2009 with €1.77Bn of liquidity

Average borrowing costs in the period stood at 2.96%, down from 4.67% in 1H08

1H09 earnigns are in line with the Company’s full-year targets for 2009

Enagás invested €598.4Mn in the first half of 2009, up from €365.8Mn in the same period last year. This figure, a new half-year record, is in line with a target for 2009 to invest a record of €900Mn.

Around 75% of investment made went to transmission infrastructure, 20% to regasification facilities and 5% to underground storage.

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