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Macquarie – Acquisition of gas distribution network operator in Czech Republic

 

A Macquarie Infrastructure and Real Assets-backed (MIRA) consortium has acquired all shares in the Czech Republic’s largest gas distribution network operator, by exercising its pre-emption right over a majority stake held by RWE. The consortium paid EUR 1.8bn for the 50.04% stake held by RWE in Innogy Grid, which owns and operates around 64,500km of gas pipeline, equivalent to 80% of the Czech Republic’s gas distribution network