Natixis acted as sole financial advisor to Ardian for the sale of its 25% stake in the Luxembourgish utility Encevo China Southern Power Grid International (CSGI) has agreed to preemptively acquire a 24.92% stake in Encevo, the Luxembourgish incumbent utility, from Ardian Infrastructure.

Encevo operates in different business fields through its two principal subsidiaries Creos, that manages electricity and gas grids in Luxembourg and in Germany, and Enovos, the leading energy supplier in Luxembourg. The transaction attracted a fierce interest from both infrastructure funds and strategic players, especially from Asia.

It further illustrates Natixis’ strong sectorial expertise in infrastructure, with an M&A dedicated team to the sector.

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