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GIC, BlackRock buy UK gas pipeline firm Kellas Midstream

Fiona Lam

Fiona Lam

Published Tue, Nov 12, 2019 · 09:50 PM
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Singapore

SINGAPORE sovereign wealth fund GIC and the world's biggest asset manager BlackRock have inked a deal to buy Kellas Midstream from private equity firm Antin Infrastructure Partners.

Kellas Midstream owns and operates key gas infrastructure in the UK Central and Southern North Sea.

GIC and BlackRock's Global Energy and Power Infrastructure Funds (GEPIF) III are making the purchase via a joint venture, for an undisclo…

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