Dourogás Decarbonizes with Sale to Iberis Capital

Deal News | Jul 07, 2025 | Iberian Lawyer

Dourogás Group, a veteran in the Portuguese gas market, has sold its entire stake in Dourogás Natural and Dourogás Líquido to Iberis Capital. This strategic transaction, facilitated by advisors including CSAssociados, KPMG, and Cavaleiro & Associados, allows Dourogás Group to shift its focus towards renewable gas production while continuing to serve domestic and industrial markets. As part of its decarbonization agenda, the company aims to continue reducing emissions and innovating within the gas sector. The acquisition by Iberis Capital, which manages diverse sector funds, illustrates the firm's commitment to expanding in the sustainable energy space.

Sectors

Energy and Utilities
Finance and Investment
Professional Services

Geography

Portugal – The transaction and all involved parties are based in Portugal.

Industry

Energy and Utilities – This article involves companies in the gas sector, specifically focusing on natural gas, renewable energy, and gas trading.
Finance and Investment – Iberis Capital is a private equity investment management company, making the transaction part of the finance and investment industry.
Professional Services – The transaction was advised by several professional firms, including legal and financial advisors, making this sector relevant.

Financials

Participants

Name	Role	Type	Description
Dourogás Group	Selling Company	Company	A longstanding player in the Portuguese gas sector focusing on renewable gases.
Iberis Capital	Bidding Company	Company	Portuguese private equity investment management firm with a variety of sector investments.
CSAssociados	Legal Advisor for the Buyer	Company	Advised Iberis Capital in this transaction.
Cavaleiro & Associados	Legal Advisor for the Seller	Company	Provided legal advice to Dourogás Group in this transaction.
KPMG	Financial Advisor for the Seller	Company	Provided financial advisory services to Dourogás Group.