Announced

Steag Iqony to acquire the remaining 49% stake in Iqony Fernwärme from MEAG.

Synopsis

Steag Iqony, an energy company, agreed to acquire the remaining 49% stake in Iqony Fernwärme, a district heating network provider, from MEAG, an asset manager. Financial terms were not disclosed. “We would like to thank the buyer Asterion/Steag Iqony Group for the cooperation and are pleased with the successful conclusion of transaction,” Felix Kreppel, MEAG Infrastructure Equity Transactions Senior Investment Manager.

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