Canada's CPPIB buys minority stake in Peru infrastructure asset - Reuters

The Canada Pension Plan Investment Board (CPPIB) said on Friday it will buy a 10.4 percent stake in Transportadora de Gas del Perú (TgP) from Peruvian engineering and construction firm Graña y Montero, for about US$200 million. TgP is the largest transporter of natural gas and natural gas liquids in Peru, Toronto-based CPPIB said. Its customers include the largest power generators, natural gas distributors and industrial companies in the country.

31 January 2014•1 min read
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