
Goldman Sachs and Citigroup will advise Goldman Sachs’ infrastructure fund GSIP on the sale of its Spanish energy business Redexis in the next few weeks, three sources familiar with the matter told Reuters.
Spanish online news outlet El Confidencial reported on Thursday that the sale could be valued at up to 2.5 billion euros ($2.8 billion), citing sources close to Goldman, which bought Redexis in 2010.
Consultancy KPMG and law firm Clifford Chance are also involved in the sale, the sources said.
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