3i Infrastructure to acquire Joulz for €220m.

3i Infrastructure agreed to invest €220m ($248m) to acquire Joulz Diensten, a leading owner and provider of essential energy infrastructure equipment and services in the Netherlands. Joulz is being acquired from Stedin Holding. Richard Laing, Chair of 3i Infrastructure, commented: "Joulz is an attractive addition to our portfolio, with a strong established asset base as well as good potential for growth as the Netherlands accelerates its transition to more sustainable energy use."