Deals of the Year 2012: Open Grid Europe
|Open Grid Europe|
|Size||€3.2 billion acquisition and financing of Open Grid Europe – Germany’s largest gas transmission network – from E.On|
|Investor consortia||Macquarie European Infrastructure Fund IV, Infinity Investments (Abu Dhabi Investment Authority), British Columbia Investment Management Corporation, and MEAG Munich Ergo Asset Management|
|Lead financial adviser to consortia||Macquarie Capital|
|Second adviser to consortia||RBC Capital Markets|
|Financial adviser to E.On||Goldman Sachs|
|Mandated lead arrangers and underwriters||BNP Paribas, Crédit Agricole CIB, Commerzbank, Export Development Canada, ING, RBC Capital Markets, Scotiabank, Société Générale CIB, UniCredit|
|return to the Global Deals of the Year index|
When a prime gas infrastructure asset is put up for sale in one of the richest and most powerful and well-regulated economies in the world it will always attract interest from potential acquirers keen to snap up a prized asset that could deliver attractive long-term returns.
Open Grid Europe, the largest gas transmission network in Germany, is one such asset.