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OMERS Infrastructure to sell Chilean LNG terminal
Transactions - MARCH 30, 2022

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OMERS Infrastructure to sell Chilean LNG terminal

by Kali Persall

OMERS Infrastructure and its partner Enagás Internacional have agreed to sell their combined 80 percent interest in GNL Quintero, a Chilean terminal responsible for the reception, unloading, storage and regasification of LNG, to a consortium formed by EIG and Fluxys.

OMERS Infrastructure will sell 100 percent of OMERS Infrastructure Chile Holdings I, which owns a 34.6 percent stake in GNLQ.

Located in the Valparaiso Region of Chile, GNLQ facilitates the provision of a reliable and consistent source of energy to households, commercial and industrial customers, power plants and other users located in central Chile, including Santiago.

OMERS Infrastructure will redeploy the proceeds of the sale to grow its portfolio in its focus markets and across its five priority investment themes: the energy transition, mobility, connectivity, community and natural systems.

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