InfraVia buys small-scale LNG player Molgas

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By Mirza Duran French private equity firm InfraVia Capital Partners has acquired European small-scale LNG player Molgas Energy.

Image: Molgas

The equity company completed the acquisition via its InfraVia European Fund IV, it said on Tuesday without revealing the financial details of the transaction.

However, law firm Ashurst said last month it advised InfraVia on the move valuing the deal at about 120 million euros ($141 million).

The move included buying a 43.3 percent Molgas stake from HAL- controlled Dutch company Broadview.

Madrid-based Molgas provides integrated LNG infrastructure solutions to more than 100 off-grid industrial customers.

It mainly operates in Spain, Portugal, and France and is looking to further

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