Brief: Patrizia Infrastructure Invests In Majority Stake In Biomet
20/06/2022 07:32
June 20 (Reuters) - Patrizia AG PATGn.DE :
* DGAP-NEWS: PATRIZIA AG: PATRIZIA INFRASTRUCTURE INVESTS IN
MAJORITY STAKE IN BIOMET TO SUPPORT ITALY’S DRIVE TOWARDS NET
ZERO CARBON
* PATRIZIA INFRASTRUCTURE, ON BEHALF OF ITS CLIENTS, INVESTS
C.
EUR 75 MILLION IN BIO-LNG PRODUCER BIOMET, MARKING FIRST
INVESTMENT FOR PATRIZIA'S RECENTLY ACQUIRED INFRASTRUCTURE
BUSINESS
* BIOMET WILL BE EUROPE'S LARGEST PLANT PRODUCING BIOMETHANE
LNG
FROM NATURAL WASTE AND WILL BE ITALY'S FIRST FACILITY THAT IS
DIRECTLY CONNECTED TO SNAM NATIONAL TRANSPORT GAS GRIDS, WITH AN
ONSITE FILLING STATION
* HAS ACQUIRED AN 80% MAJORITY STAKE IN ITALIAN
BIO-LIQUIFIED
NATURAL GAS ("LNG") PRODUCER BIOMET THROUGH ITS EUROPEAN
INFRASTRUCTURE FUND II
* TRANSACTION REPRESENTS PATRIZIA INFRASTRUCTURE'S SECOND
INVESTMENT IN ITALY ON BEHALF OF ITS INVESTORS AND FUNDS,
CONTINUING ITS LONG HISTORY OF SUCCESSFULLY PARTNERING WITH
REGIONAL INFRASTRUCTURE CHAMPIONS
Source text for Eikon: ID:nEQ7sC4XZa
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