Notice of Sale of Shares in Solveig Gas Holdco AS

Source Press Release
Company HitecVisionAbu Dhabi Investment AuthorityAllianzCanada Pension Plan Investment BoardSolveig Gas Norway AS 
Tags Corporate Deals, Deals, Pipelines/ tankers/ distribution
Date April 01, 2019

Sale and purchase agreement entered into for the sale of 100% of the shares in Solveig Gas Holdco AS

Solveig Gas Norway AS (the "Company") has been notified today that the owners of the shares in Solveig Gas Holdco AS (the owner of 100% of the shares in the Company), namely CPP Investment Board European Holdings S.á r.l., Infinity Investments S.A. and  Allianz Infrastructure Norway Holdco I S.á r.l., have entered into a sale and purchase agreement (the "Agreement") regarding the sale of 100% of the shares in Solveig Gas Holdco AS to HV VII Invest Uniform II AS, a portfolio company of  HitecVision, with a commercial effective date of 1 January 2019 (the "Transaction").

The closing of the Transaction is subject to the approval of the Norwegian Ministry of Petroleum and Energy, the Norwegian Ministry of Finance and the Norwegian Competition Authority.

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