ADNOC signs contract for investment of USD20.7bn from a consortium of infrastructure investors and operators, sovereign wealth and pension funds.
International Resource News-June 25, 2020--ADNOC signs contract for investment of USD20.7bn from a consortium of infrastructure investors and operators, sovereign wealth and pension funds
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International Resource News - 25 June 2020
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ADNOC, the United Arab Emirates' state-owned oil company, has signed a contract with certain infrastructure investors and operators, sovereign wealth and pension funds.
The consortium of investors, which includes Global Infrastructure Partners, Brookfield Asset Management, GIC, Ontario Teachers' Pension Plan Board, NH Investment & Securities and Snam (the Consortium) are investing in certain ADNOC gas pipeline assets valued at USD20.7bn.
The consortium is acquiring a 49 percent share in ADNOC Gas Pipeline Assets LLC and will have lease rights to 38...
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