Back to News

Redexis Gas Sale

Model Audit

21st June 2018

DWPF advised the buy-side on their acquisition of a 50.1% stake in Redexis Gas, Spain’s gas distribution firm.

China’s Guoxin Guotong Fund (GT Fund) (51%) and CNIC Corporation Limited (49%) are investing through a holding company with a 33.3% stake in Redexis, to be managed by Vantage Infrastructure, formerly Hastings Funds Management.
Arbejdsmarkedets Tillægspension (ATP) and Universities Superannuation Scheme (USS), meanwhile, each increased their stake to 33.3%.