Gas Natural
UFINET is a neutral, carrier of carrier's telecom company, created by Unión Fenosa (formerly known as Unión Fenosa Redes de Telecomunicación) in 1998. In 2009, it merged with the company Desarrollo de Cable, which belonged to the company Gas Natural, and this gave rise to Gas Natural Fenosa Telecomunicaciones (GNF Telecom). In 2014, CINVEN, an investment fund of private capital acquired the GNFT. The acquisition was carried out for a total of 510 million Euros. Since then, the company has traded as UFINET. In June 2018, ENEL acquired 21% of the company, while Cinven kept the remaining 79% Under the agreement, Enel X International has the right to exercise a call option to acquire the Sixth Cinven Fund’s stake between December 31st, 2020 and December 31st, 2021.