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Fluxys completed the acquisition of a 27.5% stake in Transportadora Brasileira Gasoduto Bolívia-Brasil from EIG Global Energy Partners.

Synopsis

Fluxys, a Belgium-based company, mainly acting as a natural gas transmission system operator, completed the acquisition of a 27.5% stake in Transportadora Brasileira Gasoduto Bolívia-Brasil, which owns and operates the Brazilian section of the Bolívia-Brazil pipeline, from EIG Global Energy Partners, a provider of institutional capital to the energy sector globally. Financial terms were not disclosed. "We are thrilled to have reached agreement with Fluxys for the sale of our interest in TBG. It has been a privilege to support the growth and development of GASBOL, critical infrastructure that delivers natural gas to key markets in Brazil, including Sao Paulo and the industrial regions in the southeastern part of the country. This investment underscores our dual commitment to supporting growth and development in this important region of the world while creating value for our investors. Today’s sale positions the EIG portfolio for additional opportunities in Brazil, and we look forward to partnering with Fluxys where possible," R. Blair Thomas, EIG CEO.

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