Ardian and APG Group completed the acquisition of 8.1% stake in 2i Rete Gas from F2i SGR for £130m.

Ardian, a private investment and asset management firm, and APG Group, a Dutch pension investment company, completed the acquisition of 8.1% stake in 2i Rete Gas, a gas distribution operator, from F2i SGR, an independent infrastructure fund manager, for £130m. “We look forward to supporting jointly this critical infrastructure which contributes to the decarbonization plan of the Italian economy. 2i Rete Gas will play a key role as enabler for the energy transition towards hydrogen and renewable gases while delivering long-term returns for our pension fund clients,” Carlo Maddalena, APG Group Senior Portfolio Manager.