Owners of Kellas Midstream, Antin Infrastructure Partners, announced today, Monday 11th November 2019, that it had signed an agreement to sell Kellas Midstream to BlackRock’s Global Energy & Power Infrastructure Funds (GEPIF III) and GIC, a leading global institutional investor, in a joint venture.
Andy Hessell, Kellas Midstream’s Managing Director, said: "We thank Antin for their significant support over the past five years. GIC and the BlackRock GEPIF team recognise the growth potential of the business we have built and share our strategy to continue to invest, grow and build our portfolio of midstream assets and serve all our customers in the North Sea. We look forward to working with our new partners."
Read the full announcement here: Kellas Sale Joint Statement