According to the news, Spain-based Gas Natural has inked a deal with Mitsui and Tokyo Gas to sell some of its power generation assets in the Mexican market.

It is expected that the transaction will allow Gas Natural to continue its restructuring plan and rebalance its global exposure to different nations around the world.

Spain’s Gas Natural Company has recently announced that it has increased a cap for issuing euro medium term notes (EMTNs) to 10 billion euros ($14.57 billion) as against 8 billion euros earlier.

According to the statement issued by the company, the agreement was managed by La Caixa, Barclays Capital, Credit Agricole, ING, RBS, Societe Generale, BNP Paribas, Caja Madrid, Citi, J. P. Morgan, Santander and UBS.

The company has already issued EMTNs worth 5.275 billion euros in 2009 and now it has the option of issuing another 4.725 billion.