Marubeni, Toesca wrap up GasValpo purchase

Marubeni, Toesca wrap up GasValpo purchase

M&A Energy Chile

Marubeni and Toesca have acquired Chilean natural gas distributor GasValpo from Whitehelm Capital for roughly $200m. Whitehelm, previously known as Access Capital Advisors, bought GasValpo for $90m from Australia's AGL Energy in 2008. Bank of America Merrill Lynch advised the Australian infrastructure fund manager, according to a term sheet seen on Dealogic. GasValpo is the second-largest natural gas distributor in Chile, said Marubeni in a statement. The company retains roughly 12% in market

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