Japanese consortium to invest $370 mn in Natural Gas Transition Platform | Company News
Arrow are marked on pipes at a shale gas collection and transfer facility at the Fuling shale gas project site. Photographer: Qilai Shen/Bloomberg2 min read Last Updated : Apr 16 2024 | 12:10 AM IST
A Japanese consortium will invest $370 million to acquire a minority stake in a platform that invests in companies developing city gas distribution networks in India, global infrastructure investor I Squared Capital said on Monday.
The consortium of Osaka Gas, Sumitomo Corp and a Japanese government-private sponsored investment fund, will invest in Indian companies that develop and operate natural gas infrastructure, I Squared Capital said in a statement.
The platform, called the Natural Gas Transition Platform, has investments in last-mile city gas distribution bu...