Marguerite acquisition of 28.97% stake in Latvijas Gāze

Overview:

• Marguerite - the 2020 European Fund for Energy, Climate Change and Infrastructure - acquired 28.97% of the shares in Latvijas Gāze, the only natural gas transmission, storage, distribution and sales operator in Latvia from Uniper Ruhrgas International.
• The seller retains an 18.26% stake in the company.
• Marguerite was launched in 2010, with the backing of the EIB, Caisse des Depots et Consignations, Cassa Depositi e Prestiti, Instituto de Credito Oficial, Kreditanstalt fur Wiederaufbau and PKO Bank Polski, and makes capital-intensive infrastructure investments in Europe.

Jon Moore - Journalist