Industry Newsroom

ENGIE-CDPQ Consortium Acquires Remaining 10% Stake in Brazilian Natural Gas Pipeline TAG from Petrobras for USD186m

Caisse de dépôt et placement du Québec (CDPQ) and ENGIE have completed the purchase of Brazilian state-owned oil company Petrobras’ remaining 10% stake in Brazilian natural gas pipeline Transportadora Associada de Gás (TAG) for BRL1b (approximately USD186m). This transaction follows CDPQ and ENGIE’s acquisition of 90% of TAG for USD8.6b in 2019. Read more