EIP acquires a 19.85% stake in Fluxys, enhancing their partnership and expanding access to crucial energy infrastructure.

Target Overview

Energy Infrastructure Partners (EIP) has acquired a 19.85% stake in Fluxys group, a globally recognized operator of critical energy transmission infrastructure, with the transaction officially closing following regulatory approval. Fluxys operates a comprehensive portfolio that includes liquefied natural gas (LNG) terminals, extensive underground storage facilities, and a vast transmission network that connects essential European economies.

The assets managed by Fluxys are integral to the natural gas trade, facilitating intercontinental connections and distribution across Europe. Furthermore, this infrastructure is poised to support the transition to low-carbon energy sources, including hydrogen, which may play a pivotal role in industrial processes and enhance energy system flexibility in the coming decades. Additionally, Fluxys is addressing the emergent needs in carbon capture, transport, and storage, as highlighted by its cooperation with Norway's Equinor ASA to connect existing pipelines to carbon storage facilities in the North Sea.

Industry Overview in Belgium

The energy sector in Belgium is characterized by a strategic emphasis on diversification and sustainability, with a significant shift towards renewable energy solutions in recent years. The country is increasingly focusing on integrating various ener