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.
Talk to the deal team
Related deals
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 moreEmpresa 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 morePresight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.
Learn more