Abu Dhabi investor in talks to buy stake in Norwegian gas firm
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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