The Firm assists Snam with investment in Abu Dhabi
The Firm, with a team composed of partner Laura Gualtieri and senior associate Giulio Tombesi, assisted Snam on the agreement with The Abu Dhabi National Oil Company (Adnoc) for an investment in the United Arab Emirates energy infrastructures.
The transaction, valued at 10.1 billion dollars, aims at the acquisition, by Snam in consortium with some of the main international investment funds, of 49% of the equity of Adnoc Gas Pipelines, a company which owns the lease rights of 38 pipelines for a period of twenty years.
The transaction represents one of the most important deals ever, at a global level, in the energy infrastructure industry, as well as Snam’s first acquisition outside of Europe.
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