F2i, AXA Pay $1.1B For GDF Suez Italian Gas Grid
French multinational energy company GDF Suez agreed to sell the G6 business to the funds in order to raise capital and focus on renewable energy development, leaving the consortium in charge of a natural gas grid that includes 15,000 kilometers of network serving about 490 municipalities in Italy, according to the press release.
“This transaction is part...
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