Completion of Infinis's acquisition of Alkane

RNS Number : 5920K

3i Infrastructure PLC

11 April 2018

 

11 April 2018

3i Infrastructure plc completes its follow-on investment in Infinis and acquisition of
Alkane Energy

3i Infrastructure plc has completed its follow-on investment in Infinis and acquisition of Alkane Energy ("Alkane"), following satisfaction of the relevant condition.

Alkane operates a portfolio of peaking gas generators and the largest portfolio of coal mine methane sites in the UK, capturing methane from mothballed and closed coal mines and converting it into electricity. As at December 2017, Alkane had 160MW of installed generating capacity operating across 32 sites across the UK. The transaction was announced on 5 March 2018.

ENDS

For information, please contact:

Richard Laing	Chairman, 3i Infrastructure plc	[phone]
Thomas Fodor	Investor enquiries	[phone]
Kathryn van der Kroft	Media enquiries	[phone]

 

END

 

 

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