MM Capital Partners completed the acquisition of 29.06% stake in Conexus Baltic Grid from Marguerite Fund.

MM Capital Partners, formed by Marubeni, Mizuho Bank, and Asset Management One to operate and manage funds specialising in equity investments in overseas infrastructure assets, completed the acquisition of 29.06% stake in Conexus Baltic Grid, a Latvia's unified natural gas transmission and storage operator, from Marguerite Fund, a pan-European equity fund. Financial terms were not disclosed. MMCIF intends to utilise Marubeni’s knowledge and expertise from existing investments in order to contribute to the successful operation of CBG. MM Capital Partners can also offer to support CBG in procuring a long-term financing by leveraging its relationship with Japanese financial institutions.