Law firm, Gibson Dunn has advised Asterion Industrial Partners, an independent investment management firm focused on infrastructure investments in the European mid-market, on the acquisition of a 25% stake in FluxDune and, indirectly, an around 15% stake in Dunkerque LNG, France’s largest LNG receiving and regasification terminal facility.
Dunkerque LNG, with a capacity of 13 bill cu m per annum, is the only European terminal with direct connection to two markets – France and Belgium – and is claimed to be strategically positioned to address the energy security needs of continental Europe.
Operating since January, 2017, it is one of Europe’s most modern plants, featuring an innovative design, advanced technical capabilities and a focus on minimising CO2 emissions.
The terminal’s leading ESG strategy emphasises reducing environmental impact, illustrated by its use of recycled warm water coming from a nearby nuclear plant for LNG regasification.
