General Announcement::IENOVA INFORMS ON A REQUEST FOR ARBITRATION RELATED TO ECA REGASIFICATION CONTRACT

Issuer & Securities

Issuer/ Manager
INFRAESTRUCTURA ENERGETICA NOVA, S.A.B. DE C.V.
Securities
INFRAESTRUS$540M4.875%N480114A - US456829AB67 - 8DTB
INFRAESTRUS$540M4.875%N480114R - USP56145AB40 - 8DUB
INFRAESTR US$300M3.75%N280114A - US456829AA84 - 8DWB
INFRAESTR US$300M3.75%N280114R - USP56145AA66 - 8DXB
INFRAESTR US$800M4.75%N510115A - US456829AC41 - PKTB
INFRAESTR US$800M4.75%N510115R - USP56145AC23 - YBXB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Nov-2020 10:03:11
Status
New
Announcement Sub Title
IENOVA INFORMS ON A REQUEST FOR ARBITRATION RELATED TO ECA REGASIFICATION CONTRACT
Announcement Reference
SG201120OTHRJTBO
Submitted By (Co./ Ind. Name)
RODRIGO CORTINA CORTINA
Designation
CORPORATE LEGAL DIRECTOR
Effective Date and Time of the event
19/11/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
IENOVA INFORMS ON A REQUEST FOR ARBITRATION RELATED TO ECA REGASIFICATION CONTRACT


Mexico City, November 19, 2020 Infraestructura Energ tica Nova, S.A.B. de C.V. ( IEnova ) informs that today, its subsidiary Energ a Costa Azul, S. de R.L. de C.V. ( ECA Regas ), received confirmation that its customer Gazprom Marketing & Trading M xico, S. de R.L. de C.V. ( Gazprom ) joined as a plaintiff in the arbitration proceedings initiated by Shell M xico Gas Natural, S. de R.L. de C.V. ( Shell ) against ECA Regas which was previously informed. Gazprom has made the corresponding payments in accordance with the storage services agreement that it has with ECA Regas.

ECA Regas considers that Shell and Gazprom's claims are unfounded and inadmissible and will enforce their rights in the corresponding arbitration process, seeking to dismiss the claims of the counterparties.