Whitehelm Capital – Sale of gas distribution company in Chile

Whitehelm Capital has agreed to sell its GasValpo gas distribution business to Japanese conglomerate Marubeni and Chilean fund Toesca Infraestructura Fondo de Inversión. Founded in 1853, GasValpo is a retail distributor of natural gas that supplies more than 90,000 residential, commercial and industrial customers through a 1,500km network in the Valparaíso region. Financial details of the transaction have not been disclosed.