ADNOC seals $20.7bn deal on gas pipelines
A group of international investors is buying a stake in ADNOC’s gas pipeline assets, which are valued at $20.7 billion.
A group of international investors is buying a stake in ADNOC’s gas pipeline assets, which are valued at $20.7 billion.
Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc., in what is set to be one of the year’s biggest infrastructure deals.
Energy consultant RINA is set to take account of the acquired solar assets now held by Brookfield Asset Management after they took a 51% controlling interest in SunEdison yieldco Terraform Global.
Westinghouse Electric Company, the global leader in nuclear technology, fuel and services, has agreed to be acquired by Brookfield Business Partners L.P. together with institutional partners for approximately $4.6 billion.
Brookfield Asset Management Inc., Canada’s largest alternative asset manager, and its partners agreed to buy a 90 percent stake in a Brazilian natural gas distribution network owned by Petroleo Brasileiro SA for $5.2 billion.