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Announced

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

Synopsis

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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