Energy Infrastructure Partners to acquire a 20% stake in Fluxys from CDPQ.

Energy Infrastructure Partners, a Switzerland-based infrastructure investor, agreed to acquire a 20% stake in Fluxys, a Belgium-based company, mainly acting as a natural gas transmission system operator, from CDPQ, an institutional investor that manages several public and parapublic pension plans and insurance programs in Quebec. Financial terms were not disclosed. "Together with CDPQ, Publigas has sailed a forward-looking course with Fluxys for more than 10 years and we have built up a highly valued partnership. With our new partners we will vigorously pursue our strategy to help shape the green transition. While forcefully strengthening our existing partnership with Energy Infrastructure Partners, an energy specialist and leader in the global energy transition, we establish an even stronger Belgian anchoring of our activities with AG Insurance, Ethias and the Federal Holding and Investment Company," Daniël Termont, Fluxys President.