Listed infrastructure companies have announced several notable transactions during the past two weeks. Utility operator UGI Corp. has acquired a stake in Ag-Grid Energy, a U.S. renewable energy producer; infrastructure construction and operations firm VINCI has, through its VINCI Concessions Canada subsidiary, agreed to acquire a stake in Strait Crossing Development, which operates the Confederation Bridge, from OMERS Infrastructure; Iberdrola has announced two wind transactions, one in Australia and the other in Germany; and Atlanta Gas Light Company is expanding a liquified natural gas facility north of Atlanta.
UGI Corp. Energy Service’s 33 percent equity stake in Ag-Grid includes four operational renewable energy assets in Connecticut and Massachusetts with 1,300 kilowatts of power generation capacity, as well as two projects under construction in Connecticut and New York that will generate an additional 1,500 KW when completed in December. The six projects include the