Open Grid Europe | |
Size | €3.2 billion acquisition and financing of Open Grid Europe – Germany’s largest gas transmission network – from E.On |
Date | August 2012 |
Investor consortia | Macquarie European Infrastructure Fund IV, Infinity Investments (Abu Dhabi Investment Authority), British Columbia Investment Management Corporation, and MEAG Munich Ergo Asset Management |
Lead financial adviser to consortia | Macquarie Capital |
Second adviser to consortia | RBC Capital Markets |
Financial adviser to E.On | Goldman Sachs |
Mandated lead arrangers and underwriters | BNP Paribas, Crédit Agricole CIB, Commerzbank, Export Development Canada, ING, RBC Capital Markets, Scotiabank, Société Générale CIB, UniCredit |
return to the Global Deals of the Year index |
When a prime gas infrastructure asset is put up for sale in one of the richest and most powerful and well-regulated economies in the world it will always attract interest from potential acquirers keen to snap up a prized asset that could deliver attractive long-term returns.
Open Grid Europe, the largest gas transmission network in Germany, is one such asset.