EIG has acquired a 49.87% stake in Transportadora de Gas del Perú from CPP Investments, solidifying its position in Peru's vital energy sector.

Information on the Target

Transportadora de Gas del Perú S.A. (TgP) plays a vital role in Peru's energy landscape as the primary operator of the gas transportation system originating from the Camisea project in Cusco. This project is crucial for the country's power generation, supplying approximately 40% of Peru's electricity. The firm previously held shares owned primarily by CPP Investments, Sonatrach, and Enagás.

Recently, EIG, a U.S.-based investment firm focused on energy and infrastructure, acquired a substantial 49.87% stake in TgP from CPP Investments. The transaction signifies a strategic shift for TgP, which has been actively operating various gas transportation solutions and infrastructure for electricity generation.

Industry Overview in Peru

The energy sector in Peru, particularly the natural gas industry, has witnessed significant growth, driven by the exploitation of the Camisea gas field. This field has positioned Peru as a considerable playe