Ardian Infra – Sale of oil pipeline stake in Spain

Ardian Infrastructure has completely divested from Madrid-headquartered oil pipeline and facilities giant Compañia Logística de Hidrocarburos (CLH). Ardian Infrastructure Fund III sold its 10% stake in CLH in an all-equity deal – reportedly for around EUR 500m – to Dutch pension fund APG and Canadian insurance company Workplace Safety & Insurance Board (WSIB)