Antin Infrastructure to buy BP's stake in Central Area Transmission System
Antin Infrastructure Partners said Thursday it is increasing its stake in Central Area Transmission System. Antin Infrastructure is buying BP’s 36.22 percent share of CATS and will own 99 percent of the business. Financial terms weren't announced. Antin Infrastructure previously acquired 62.78 percent in July. The CATS system transports gas through 404km of pipeline between the Central North Sea area and Teesside in the UK.
23 April 2015•3 mins read
