Canada Pension Plan Investment Board Acquires Additional 30 Percent Interest in Compañía Operadora de Gas del Perú S.A.C.

April 24, 2017

S&C represents Canada Pension Plan Investment Board (CPPIB) in its acquisition of an additional 30 percent interest in Compañía Operadora de Gas del Perú S.A.C. (COGA) from Graña y Montero S.A.A. In the same transaction, Enagás S.L.U. acquired an additional 21 percent interest in COGA. Following the completion of these transactions, CPPIB will retain a 49 percent interest in COGA and Enagás will retain a 51 percent interest in COGA. 

The S&C team on the transaction was led by Werner Ahlers, Miguel Oría and Joaquin Perez Alati. David Spitzer and Daniel Bleiberg advised on tax matters.

This transaction is part of longer series of transactions on which S&C advised, as described in the December 2016 client highlight.