Two milestones mark the 2015 financial year: the change to the company shareholding structure and the confirmation of the legal framework of the gas system

Two events stand out in this financial year: on the one hand, the entry into force of Royal Decree 8/2014, of 4 July, subsequently validated with some modifications by Law 18/2014, of 15 October, which ratifies the regulatory framework applied to the natural gas distribution activity, while establishing certain measures aimed at reducing and controlling the emerging tariff deficit of the gas system; and on the other, the change to Madrileña Red de Gas shareholders following the purchase of 100% of the company’s capital by a consortium formed by Gingko Tree Investment, PGGM and EDF Invest.