MásMóvil Ibercom, S.A. acquired an unknown majority stake in Energía Colectiva S.L. on February 8, 2021. MásMóvil Ibercom, S.A. will maintain both, the Lucera brand, under which Energía Colectiva S.L. operates and the positioning of the firm and the management team headed by Chief Executive officer Emilio Bravo. Lucera will join EnergyGO (Yoigo) and Pepeenergy (Pepephone), the two electricity companies that MásMóvil already had under its belt. EY Spain acted as due diligence provider to MásMóvil Ibercom, S.A.

MásMóvil Ibercom, S.A. completed the acquisition of an unknown majority stake in Energía Colectiva S.L. on February 8, 2021. Luis Casals and Modesto Puerta of Baker & McKenzie Madrid S.L. acted as legal advisor to Energía Colectiva, S.L.