GIC Private Limited Part of Consortium that Acquires Total’s Gas Transport and Storage Unit

Posted on 08/16/2013


On July 30, 2013, Singapore’s GIC was part of a consortium to acquire Transport et Infrastructures Gaz France (TIGF) which is Total’s gas transportation and storage business for an enterprise value of €2.4 billion (US$ 3.25 billion). The consortium includes Snam (45%) an Italian gas storage and transport operator, Singapore’s GIC (35%) and EDF (20%). […]