Nexus Energía acquires remaining 17% of Portuguese subsidiary Luzboa for 100% ownership

Nexus Energía has acquired the remaining 17% stake in its Portuguese electricity retailer subsidiary Luzboa for 100% ownership, following a 2025 transaction where it acquired 32% of Luzboa. Nexus Infrastructure plc, the parent company, is a leading UK infrastructure services provider, specializing in essential utility connections for new residential, commercial, and industrial developments. The transaction was financed through a long-term loan from Cofides, which also provided €2.2 million in financing for the 2025 acquisition. The deal was closed on 2026-03-24, with Nexus Energía now holding 100% of Luzboa. The acquisition involved purchasing shares from two minority partners, with the exact value of the transaction not disclosed.