Monday, 26 September 2022 03:35

Fluxys stake sale

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Sept 26 (LNGJ)- Fluxys, the owner of the Belgian gas grid and holder of stakes in LNG terminals at Zeebrugge in Belgium and Dunkirk in France, said a new shareholder, Swiss-based Energy Infrastructure Partners (EIP), had acquired the 19.85 percent of shares in Fluxys previously held by a Canadian institutional investor, the Caisse de dépôt et placement du Québec (CDPQ).

   “The equity transfer is expected to be completed by the end of 2022,” said Fluxys, without disclosing the value of the deal. Daniël Termont, President of Fluxys and representative of the main Fluxys shareholder, Publigas, said he was pleased with the transaction. “Together with CDPQ, Publigas has sailed a forward-looking course with Fluxys for more than 10 years and we have built up a highly valued partnership,” added Termont.

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