SL Capital – Acquisition of North Sea pipeline stake
SL Capital is to acquire a 20% stake in Noordgastransport (NGT) in a bilateral deal, marking its second investment in the Dutch North Sea pipeline system. The seller of the subsea pipeline system is French fund InfraVia. The 470km system transports natural gas from North Sea fields to an onshore processing facility in Uithuizen in the northern Netherlands. Financial details of the transaction have not been disclosed.