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ID - HitecVision acquires 26% of Gassled pipeline network - April 2019
Norwegian private equity firm HitecVision agreed to buy Solveig Gas Norway, which owns ~26% of Gassled, a gas infrastructure company that delivers about a quarter of Europe’s gas consumption. HitecVision is buying 100% of the shares Solveig from fellow money managers CPP Investment Board European Holdings (40%), Infinity Investments (30%) and Allianz Infrastructure Norway Holdco (30%) for an undisclosed sum. Gassled transports gas from producing fields on the Norwegian shelf through ~8,000 km of pipelines to consumers in Europe and the UK. Stavanger-based......
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