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Redexis Gas Sale
21st June 2018
DWPF advised the buy-side on their acquisition of a 50.1% stake in Redexis Gas, Spain’s gas distribution firm.
China’s Guoxin Guotong Fund (GT Fund) (51%) and CNIC Corporation Limited (49%) are investing through a holding company with a 33.3% stake in Redexis, to be managed by Vantage Infrastructure, formerly Hastings Funds Management.
Arbejdsmarkedets Tillægspension (ATP) and Universities Superannuation Scheme (USS), meanwhile, each increased their stake to 33.3%.