(IN BRIEF) Snam has agreed to acquire Igneo Infrastructure Partners’ 48.2% stake in OLT Offshore LNG Toscana for approximately EUR 126 million, including shareholder loan components, increasing Snam’s ownership to 97.3% once the deal is completed in the first half … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, United Kingdom
Tagged acquisition, Adjusted EBITDA, Adriatic LNG, Agostino Scornajenchi, BW Singapore FSRU, FSRU Toscana, gas diversification, Golden Power, Gregor Kurth, Igneo Infrastructure Partners, Italian antitrust, Italis FSRU, Italy energy security, Livorno, LNG imports, LNG regasification, natural gas infrastructure, OLT Offshore LNG Toscana, Panigaglia, regasification terminals, Snam, Snam Expands Ownership in OLT to 97.3 Percent in Deal Supporting Italy’s Energy Security, Tariff RAB
ATHENS, 23-Jul-2018 — /EuropaWire/ — The European consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) signed today in Athens the agreements with the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum for the acquisition of a 66% interest … Read the full press release
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