Brief: Fluxys Belgium, Pipelink, Socofe And SFPIM To Create CO2 Grid Operator

Fluxys Belgium SA

20/09/2023 06:38

Sept 20 (Reuters) - Fluxys Belgium NV  FLUX.BR :
    * FLUXYS BELGIUM, PIPELINK, SOCOFE AND SFPIM JOIN FORCES TO
CREATE
CO2 GRID OPERATOR "FLUXYS C-GRID"
    * FLUXYS C-GRID WILL BE SET UP AS A SUBSIDIARY OF FLUXYS
BELGIUM,
WHICH WILL HOLD A MAJORITY STAKE. A MAJORITY STAKE OF 77.5%,
WITH PARTNERS PIPELINK AND SOCOFE EACH HOLDING 10% EACH, AND
SFPIM WILL SUPPORT FLUXYSC-GRID WITH 2.5%
    * THE LAUNCH OF FLUXYS C-GRID FITS PERFECTLY WITH OUR
AMBITION TO
OFFER INDUSTRY IN BELGIUM AND NEIGHBOURING COUNTRIES THE
CAPACITY TO TRANSPORT 30 MT OF CO2 PER YEAR BY 2030 - CEO
    * FLUXYS C-GRID WILL BE CREATED AS A SUBSIDIARY OF FLUXYS
BELGIUM
WHICH WILL HOLD A MAJORITY SHARE OF 77.5%, WITH PARTNERS
PIPELINK AND SOCOFE EACH HOLDING 10%, AND SFPIM WILL SUPPORT
FLUXYSC-GRID WITH 2.5%

Source text for Eikon:  ID:nGNESR1j2 
Further company coverage:  FLUX.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))