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AIP acquires 10% stake in Nyhamna
AIP has acquired acquired a 10% stake in the Nyhamna JV, one of Northern Europe’s largest gas processing plants located in Norway. The investment is made via North Sea Infrastructure, AIPs dedicated midstream gas investment platform based in Norway.
The stake is acquired from A/S Norske Shell in a bilaterally negotiated transaction, and the investment is in line with AIP’s commitment to partner with strong industrial companies in energy and infrastructure assets. Following the transaction, North Sea Infrastructure will have increased its total ownership from 3.7% to 13.7%. The transaction is subject to customary approvals by the Norwegian authorities.
For more information about the transaction, please visit A/S Norske Shell’s website.
About North Sea Infrastructure
North Sea Infrastructure was set up by AIP in December 2017 together with an experienced management team from the oil & gas industry as a dedicated investment platform with the ambition to develop a portfolio of long-life midstream assets related to the Norwegian Continental Shelf.
For more information about North Sea Infrastructure A/S, please click here