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New Deal


Announced

SEFE Securing Energy for Europe to acquire the remaining 50.02% stake in WIGA from Wintershall Dea.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Gas Distribution

Germany

gas pipeline

Private

Pending

Disposal

Domestic

Friendly

Acquisition

Majority

Single Bidder

Synopsis

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SEFE Securing Energy for Europe, an integrated midstream energy company, agreed to acquire the remaining 50.02% stake in WIGA, a gas pipeline company, from Wintershall Dea, a crude oil and natural gas producer. Financial terms were not disclosed. "SEFE being the sole shareholder of WIGA would ensure that GASCADE can convert the existing high-performance infrastructure to hydrogen in the future. In this way, we can help drive forward the green energy transformation. Transportation infrastructure is a pivotal part of the future hydrogen value chain,” Egbert Laege, SEFE CEO.

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