May 15, 2018 |
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
The pair pay roughly $200m for the Chilean natural gas distributor