OMERS Infrastructure and Enagás Announce Sale of Their Joint 80% Interest in Chile’s GNL Quintero
Retrieved on:
Monday, March 28, 2022
TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- (DATE, Toronto) OMERS Infrastructure today announced that it has signed an agreement, together with OMERS partner Enags Internacional, to sell their combined 80% interest in GNL Quintero S.A. (GNLQ), to a consortium formed by EIG and Fluxys S.A. OMERS Infrastructure will be selling 100% of OMERS Infrastructure Chile Holdings I SpA, which owns a 34.6% stake in GNLQ.
Key Points:
- TORONTO, March 28, 2022 (GLOBE NEWSWIRE) -- (DATE, Toronto) OMERS Infrastructure today announced that it has signed an agreement, together with OMERS partner Enags Internacional, to sell their combined 80% interest in GNL Quintero S.A. (GNLQ), to a consortium formed by EIG and Fluxys S.A. OMERS Infrastructure will be selling 100% of OMERS Infrastructure Chile Holdings I SpA, which owns a 34.6% stake in GNLQ.
- GNLQ facilitates the provision of a reliable and consistent source of energy to households, commercial and industrial customers, power plants and other users located in central Chile, including Santiago.
- During our ownership period, GNLQ has delivered reliable operational performance, ensuring energy security to its direct and end user customers, said Gisele Everett, Senior Managing Director, Americas, OMERS Infrastructure.
- OMERS Infrastructure was advised by Credit Suisse as financial adviser and Milbank LLP and Carey y Ca.