Go to deals
Energy

Solgas has sold Canalizado Express to DocéGas

December 2025 — Solgas has sold its residential piped gas business to DocéGas, a specialist in bulk liquefied petroleum gas (LPG) distribution. With national coverage and proven operational capabilities, DocéGas is well positioned to ensure service continuity and drive the business’s next stage of growth.

Canalizado Express is Solgas’ carved-out residential piped gas business, managing the continuous supply of LPG through dedicated pipeline networks in multifamily buildings and residential complexes.

DocéGas is a Peruvian company specializing in the bulk distribution of LPG to households, businesses, industries and service stations. The company operates a nationwide network and leverages monitoring systems to ensure the safe and efficient delivery of energy solutions.

Solgas is a Peruvian company with a nationwide presence, focused on the distribution and commercialization of LPG. The company delivers energy solutions to the residential, commercial, industrial and automotive sectors through an extensive network of plants, distribution centers and strategic partners, enabling a safe and continuous supply across the country.

Our role in the transaction

Oaklins’ team in Peru acted as the exclusive financial advisor to Solgas in the sale of 100% of its residential piped gas business. The mandate included identifying and approaching potential buyers, as well as supporting the preparation of the sale process, including pitching, due diligence, share purchase agreement (SPA) negotiations and coordinating the operational transition to ensure service continuity and risk mitigation.

Parties

Talk to the deal team

Eduardo Campos

Partner
Lima, Peru
Oaklins APOYO

Mauricio Concha Zegarra

Director
Lima, Peru
Oaklins APOYO

Nicolas Salmon

Associate Director
Lima, Peru
Oaklins APOYO

Related deals

Nexxtlab has successfully raised funding to support its growth
Energy

Nexxtlab has successfully raised funding to support its growth

Nexxtlab, a Luxembourg-based energy technology company, has raised growth capital from an experienced international energy player. The investment marks an important milestone in Nexxtlab’s development and will support the company’s commercial expansion across Europe, continued product innovation and the further scaling of its energy management platform.

Learn more
Lemvig Biogasanlæg has been acquired by BioticNRG
Private Equity | Energy

Lemvig Biogasanlæg has been acquired by BioticNRG

BioticNRG has acquired Lemvig Biogasanlæg A.M.B.A. in a transaction that expands its presence in the biogas sector and establishes a strategic platform for further growth in the Danish renewable energy market. The acquisition supports the continued development of Lemvig Biogasanlæg while strengthening the production of green gas in Denmark.

Learn more
Empresa Eléctrica Cochrane has completed a corporate restructuring and liability management process
Energy

Empresa Eléctrica Cochrane has completed a corporate restructuring and liability management process

AES Andes S.A. has completed a corporate restructuring and liability management process that included the acquisition of Toesca’s indirect interest in Empresa Eléctrica Cochrane S.p.A. (Cochrane); the prepayment of Cochrane AES’s 5.50% 2027 international bond; the exchange of Cochrane’s BCOCH-A local bonds for new international bonds issued in Rule 144A/Regulation S format for US$485 million; and the merger between Cochrane and AES Andes.

Learn more