Fenosa refuses to sign memorandum with NicaraguaSpain's chief diplomat, Miguel Ángel Moratinos, has personally asked his counterpart in Nicaragua, Samuel Santos López, for "secure justice" and "guarantees" for Spanish companies with operations in Nicaragua. The request was made after Madrid was made aware that Unión Fenosa refused to sign a memorandum of intent with the government of Nicaragua.Tuesday, May 6, 2008
In a note to Santos published in a press release on the web site of the Spanish Minister of Foreign Affairs and Cooperation, Moratinos said, "Spain is the second largest foreign investor in Nicaragua, after the United States. Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Nicaragua on Board of Gas Natural - FenosaJune 2011 The government has announced that it has taken a seat on the board of the power distribution company Gas Natural-Fenosa, a subsidiary of Union Fenosa.
Nicaragua buries hatchet in US$10.2 million deal with FenosaMay 2008 The Nicaraguan government and Spain's Unión Fenosa closed a stormy chapter in their relationship with a deal in which the government is to take a 16 percent stake in Fenosa. The Government of Nicaragua hopes that within a week it will sign an agreement to by 16 per cent of Unión FenosaApril 2008 The Government of Nicaragua hopes to sign a memorandum of understanding before month-end with Union Fenosa to acquire 16 percent of the shares of its affiliate in Nicaragua, Emilio Rappaccioli, Minister of Energy and Mines, has said. Union Fenosa says it is waiting for Nicaragua to sign the purchaseApril 2008 The president of Union Fenosa, Pedro López Jiménez, said today in Madrid that his company is waiting for the Nicaraguan government to sign the agreement to close the deal for the sale of 16 per cent of its electrical business in Nicaragua.
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