Gasum, an energy company owned by the state of Finland, has plans to buy AGA’s Clean Energy business and Nauticor’s Marine Bunkering business from Linde AG for an undisclosed amount.
The transaction is expected to improve access to competitive natural gas and biogas, multiply the available LNG logistics capacity, and expand Gasum’s Nordic gas filling station network, according to Gasum.
“The acquisition of AGA’s Clean Energy and Nauticor’s Marine Bunkering businesses is an integral part of our growth strategy,” said Johanna Lamminen, CEO of Gasum. “The acquisition enables Gasum to supply and to ensure the availability of a competitive, low-emission form of energy to meet the demands of industrial, maritime and road transport customers in the Nordic countries.”
With the transaction, Gasum will assume ownership of several assets, including an LNG liquefaction plant, two LNG terminals, two LNG bunkering vessels and 48 gas filling stations in Swede
