Lunate to acquire a minority stake in ADNOC Gas Pipelines from Snam.

Lunate, an Abu Dhabi based global alternative investment manager, agreed to acquire a minority stake in ADNOC Gas Pipelines, a gas pipeline network, from Snam, a gas infrastructure operator. Financial terms were not disclosed. “ADNOC Gas Pipelines is a key asset within the UAE’s energy infrastructure system. We are pleased to strengthen our partnership with ADNOC through this investment and deliver on Lunate’s mandate to offer investors access to high quality assets,” Murtaza Hussain, Lunate Managing Partner.