EIG, an institutional investor, and Fluxys, an energy infrastructure company, have jointly acquired GNL Quintero, a natural gas regasification terminal.
Quintero is the largest terminal for receiving and unloading LNG in Chile, as well as for its storage and regasification capacities. The firm is an energy infrastructure business supporting Chile’s decarbonization strategy.
EIG is an institutional investor in the global energy and infrastructure sectors with $23.0 billion under management and specializes in private investments in energy and energy-related infrastructure on a global basis. Fluxys is an independent energy infrastructure group with 1,300 employees active in gas transmission & storage and liquefied natural gas terminalling.
“With 3 LNG terminals in Europe, our ambition to invest outside Europe and to become the transporter of new energy carriers, Quintero is a perfect fit with our strategy for growth in view of the low carbon future”, said Pascal De Buck, Fluxys’ CEO. “We want to deploy and expand our industrial expertise worldwide and are excited to partner with EIG as leading global energy infrastructure investor.”
Citigroup Global Markets Inc. acted as financial advisor to EIG and Fluxys in connection with the transaction. White & Case LLP served as EIG’s legal advisor and Linklaters LLP served as Fluxys’ legal advisor.