ADNOC announces $20.7bn energy infrastructure deal

Abu Dhabi: The Abu Dhabi National Oil Company (ADNOC) announced that it has entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds. A consortium of investors comprising Global Infrastructure Partners, GIP; Brookfield Asset Management, Singapore’s sovereign wealth fund GIC; Ontario Teachers’ Pension Plan Board, Ontario Teachers; NH Investment & Securities and Snam, the Consortium; will invest in select ADNOC gas pipeline assets valued at $20.7 billion, Emirates News Agency (WAM) reported. In one...