Eni and Fluxys G acquired Eni's TENP and Transitgas interests

摘要

Fluxys G signed an agreement to acquire Eni's interests in the TENP (Germany) and Transitgas (Switzerland) pipelines for a purchase price of approximately 860 million Euro. The transaction comprises Eni's stakes in asset owners TENP KG (49%) and Transitgas AG (46%) as well as Eni's interests as Transmission System Operator in both assets, including the rights to commercialize as independent Transmission System Operator 60% of capacity in the TENP pipeline and 90% of capacity in the Transitgas pipeline.