Mubadala Investment Company acquired a 3.1% stake in Spanish gas systems operator Inagas, according to a disclosure to the Madrid Stock Exchange regulator.
According to Arabiya Net, Mubadala already has investments in other Spanish assets in the oil and technology sectors.
Mubadala joins Inditex owner Emantio Ortega, who owns 5% of Inagas, and Spain's state-owned investment arm, SEPI, which also owns 5%.
and the disclosure stated that Mubadala does not have any voting rights in ENAGAS.
Inagas owns stakes in companies in the Mediterranean, Latin America and the United States.