China Southern Power Grid to Acquire Stake in Luxembourg Utility Giant

Posted on 08/06/2018


In a deal valued at US$ 468 million, Ardian announced the sale of its 25.48% stake in European utility giant Encevo S.A. Encevo is now partially in the hands of state-owned China Southern Power Grid Company Limited (CSG), as of July 31, 2018. Ardian is a private investment house with assets of US$ 71 billion […]