MQGPB News: Macquarie to buy £4.2bn controlling stake in UK gas network - 27th Mar 2022, 9:52pm

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Macquarie has agreed to purchase a controlling stake in a critical part of the UK’s gas network for £4.2bn and promised “significant” investment to upgrade it for a green economy. The Australian group, the world’s largest infrastructure investor, has teamed up with British Columbia Investment, one of Canada’s largest asset managers, to buy a 60 per stake in National Grid’s gas transmission and metering business. The deal means Macquarie will take over 7,660km of ...

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