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DDC - Dominion Diamond News Story

$14.24 -0.0  -0.1%

Last Trade - 01/11/17

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £497.4m
Position in Universe th / 6841

UPDATE 1-CPPIB commits up to $1 bln to buy U.S. oil and gas assets

Wed 28th June, 2017 2:48pm
(Adds details, background) 
    June 28 (Reuters) - Canada Pension Plan Investment Board 
(CPPIB) said on Wednesday it would invest up to $1 billion in a 
partnership with Encino Energy LLC to buy oil and gas assets in 
the United States. 
    The fund said the partnership, Encino Acquisition Partners, 
would focus on acquiring assets in mature basins.  urn:newsml:reuters.com:*:nMKWH0p9ba 
    Houston-based Encino Energy, which will operate the assets 
acquired by the partnership, has committed $25 million. 
    CPPIB, Canada's biggest public pension fund, in March  
formed a JV to buy three U.S. student housing portfolios for 
about $1.6 billion.  urn:newsml:reuters.com:*:nL3N1GT4PD 
     
 
 (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by 
Saumyadeb Chakrabarty) 
 ((yashaswini.swamynathan@thomsonreuters.com; within U.S. +1 646 
223 8780, outside U.S. +91 80 6749 2405; Reuters Messaging: 
yashaswini.swamynathan.thomsonreuters.com@reuters.net)) 
 
Keywords: CPPIB INVESTMENT/ENCINO
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