InfraVia Capital Partners has acquired LNG infrastructure platform Molgas Energy Holding via its InfraVia European Fund IV. Financial terms were not disclosed.
Molgas was created in Spain more than 20 years ago and has since expanded outside its Spanish core market while developing new business lines. With the help of InfraVia, Molgas is planning to accelerate the roll-out of its energy transition solutions toward new markets.
“Molgas has developed a robust, distributed infrastructure ecosystem allowing customers to achieve cost savings and environmental benefits with technically and economically mature solutions,” noted Vincent Levita, CEO of InfraVia. “Use of LNG by off-grid customers is mature in Spain and Portugal but only emerging in the rest of Europe.”
InfraVia’s European Fund IV hit its €2 billion ($2.3 billion) hard cap in
