News

Allianz and Canada Pension Plan Investment Board to invest in Gas Natural Fenosa’s gas distribution business in Spain
2017-08-03 10:53:18 | Queenspoint

Allianz and Canada Pension Plan Investment Board to invest in Gas Natural Fenosa’s gas distribution business in Spain

Allianz Capital Partners and Canada Pension Plan Investment Board (“CPPIB”), through its wholly owned subsidiary, CPP Investment Board Europe S.a.r.l., signed an agreement today with Gas Natural Fenosa (“GNF”) to acquire a 20% minority equity interest in its gas distribution business in Spain (“GNDB”). Allianz Capital Partners, on behalf of the Allianz Group, and CPPIB will invest EUR 1,500 m for the 20% equity interest.

ATP and USS pension funds increase stake to own 49.9% of Redexis Gas
2017-05-28 10:53:40 | Queenspoint

ATP and USS pension funds increase stake to own 49.9% of Redexis Gas

European pension funds Universities Superannuation Scheme (“USS”) and Arbejdsmarkedets Tillægspension (“ATP”) have signed agreements to acquire an 18.8% stake in Redexis Gas, S.A. and Redexis Gas Finance B.V. (together “Redexis Gas” or “the Company”) from infrastructure funds (“GSIP”) managed by Goldman Sachs. USS and ATP have been indirect investors in Redexis Gas since 2010. The ownership of Redexis Gas will now be as follows: GSIP 50.1%, USS 30.0% and ATP 19.9%.

Allianz and Bastion agree to acquire three Spanish infrastructure assets from Comsa Emte through infraco Queenspoint
2015-05-27 22:54:49 | Queenspoint

Allianz and Bastion agree to acquire three Spanish infrastructure assets from Comsa Emte through infraco Queenspoint

The acquisition includes 100% of Comsa Emte’s interests in three concession assets, two granted in connection with the Metro Line 9 commuter rail line in Barcelona and one in connection with the Metro Ligero Oeste light rail lines in Madrid. All assets are fully operational with strong yield generation and are granted under long-term concessions with effectively availability-based payment schemes, with a remaining weighted average life of 26 years.

MORE ALLIANZ NEWS    MORE ATP NEWS