Caisse des Dépôts and CNP Assurances to acquire a 11.5% stake in GRTgaz from ENGIE in a €14.6bn deal.

Caisse des Dépôts, a private equity firm, and CNP Assurances, an insurance services provider, agreed to acquire a 11.5% stake in GRTgaz, a gas transmission company, from ENGIE, an utility company, in a €14.6bn deal. "Today’s agreement marks further progress in the execution of the strategic plan we presented in May, and it strengthens the longstanding relationship ENGIE has with Caisse des Dépôts and CNP Assurances. It also demonstrates our shared vision of the value and the essential role of gas to reach “Net Zero” whithin a balanced, affordable, and resilient energy mix," Catherine MacGregor, ENGIE CEO.