UAE Investors of Abu Dhabi Investment Authority (ADIA) have teamed up with Canada Pension Plan Investment Board and German insurer Allianz and are discussing the acquisition of at least a 20 percent stake in Gassled, a Norwegian gas pipeline network, Reuters is reporting.
Statoil is the seller and is the second largest shareholder in Gassled after Norwegian state-owned petroleum company Petoro, which according to Gassled’s website has a 45.8 percent stake.
Abu Dhabi Investment Authority is listed in the Middle East Investors Directory with the code BD43.
More details from Reuters follows
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